43834 Gadsden Avenue, Lancaster, California 93534, Lancaster, 93534 - 3 bed, 2 bath
ACTIVE$465,000
43834 Gadsden Avenue, Lancaster, California 93534
3Beds
2Baths
1,908Sqft
7,062Lot
Price Vs. Estimate
The estimated value ($348,281) is $116,719 (25%) lower than the list price ($465,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly positioned as an 'excellent investment opportunity' with significant 'value-add' and 'equity-building' potential through renovation.
Top Cons:
Extensive Cosmetic Updates Required: The property 'needs some cosmetic updates and a thorough clean-out,' implying significant time and financial investment for renovation.
Compared to the nearby listings
Price:$465.0K vs avg $428.8K (+$36,250)70%
Size:1,908 sqft vs avg 1,430 sqft83%
Price/sqft:$244 vs avg $30223%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963, this property shows significant signs of age and neglect. While the description mentions 'solid bones,' the images reveal highly outdated kitchen and bathrooms with original or very old cabinets, countertops, and appliances, requiring full renovation. Carpets are worn, and the exterior landscaping is unkempt. Although some areas have updated wood-look tile flooring and a mini-split AC unit, these are minor updates compared to the substantial rehabilitation needed for the core areas of the home. The property is functional but requires significant investment to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1963
Close
-
List price
$465K
Original List price
$475K
Price/Sqft
$244
HOA
-
Days on market
-
Sold On
-
MLS number
25543353
Home ConditionPoor
Features
Patio
View-
About this home
This spacious Lancaster property is full of opportunity and ready for your personal touch. Featuring a functional layout and solid bones, it just needs some cosmetic updates and a thorough clean-out to shine. Once refreshed, this could be a truly charming home or an excellent investment opportunity. Priced to sell as-is, this is your chance to add value and build equity. Bring your vision and turn this diamond in the rough into a polished gem!
Nearby schools
3/10
Sierra Elementary School
Public,•K-5•0.1mi
4/10
Endeavour Middle School
Public,•6-8•3.8mi
2/10
Antelope Valley High School
Public,•9-12•1.6mi
Condition Rating
Poor
Built in 1963, this property shows significant signs of age and neglect. While the description mentions 'solid bones,' the images reveal highly outdated kitchen and bathrooms with original or very old cabinets, countertops, and appliances, requiring full renovation. Carpets are worn, and the exterior landscaping is unkempt. Although some areas have updated wood-look tile flooring and a mini-split AC unit, these are minor updates compared to the substantial rehabilitation needed for the core areas of the home. The property is functional but requires significant investment to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Strong Investment Potential: Explicitly positioned as an 'excellent investment opportunity' with significant 'value-add' and 'equity-building' potential through renovation.
Functional Layout & Solid Structure: Described as having a 'functional layout and solid bones,' indicating a good foundation for modernization without major structural concerns.
Spacious Interior: With 1908 sqft for 3 bedrooms and 2 bathrooms, the property offers generous living space.
Recent Price Adjustment: A recent $10,000 price reduction from the original list price suggests seller motivation and a potentially more attractive entry point for buyers.
Desirable Configuration: The 3-bedroom, 2-bathroom layout is a highly sought-after and versatile configuration suitable for various buyer profiles.
Cons
Extensive Cosmetic Updates Required: The property 'needs some cosmetic updates and a thorough clean-out,' implying significant time and financial investment for renovation.
Sold in As-Is Condition: Being sold 'as-is' means the buyer assumes full responsibility for all current conditions and necessary repairs, increasing buyer risk and potential costs.
Older Property with Potential System Updates: Built in 1963, the property likely features original systems (e.g., electrical, plumbing, HVAC) that may require updating for modern efficiency and functionality, adding to renovation expenses.