5359 W Avenue M8, Lancaster, California 93536, Lancaster, - bed, bath
ACTIVE$320,000
5359 W Avenue M8, Lancaster, California 93536
2Beds
2Baths
812Sqft
10,683Lot
Year Built
1950
Close
-
List price
$320K
Original List price
$320K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25214314
Home ConditionPoor
Features
Good View: Mountain(s)
Deck
ViewMountain(s)
About this home
This 2-bedroom, 2-bathroom home in Lancaster is ready for a new owner with a vision. With some work, this property can be transformed into a fantastic home or investment opportunity. The home offers a functional layout, including a living area and kitchen ready for updates. The two bathrooms are ready for a refresh, offering plenty of room for improvement. The property sits on a good-sized lot and features a deck, making it perfect for outdoor living. Whether you're looking to remodel or start from scratch, this home provides a solid foundation to bring your ideas to life.
Price History
Date
Event
Price
09/12/25
Listing
$320,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (337 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 5% |
| Baths | 2 | 2.5 | 50% |
| Square foot | 812 | 2,158 | 1% |
| Lot Size | 10,683 | 9,519 | 69% |
| Price | $320K | $559K | 1% |
| Price per square foot | $394 | $265 | 96% |
| Built year | 1950 | 9970997 | 2% |
| HOA | |||
| Days on market | 54 | 177 | 1% |
Condition Rating
Poor
Built in 1950, this property requires substantial repairs and rehabilitation. The listing description explicitly states it's 'ready for updates' and a 'refresh.' Images reveal a very dated kitchen with old cabinets and countertops, a bathroom with worn stone tile, unfinished plywood walls in some interior areas, and a neglected exterior and backyard. While some appliances are stainless steel and a tankless water heater is present, these are minor improvements in a home that needs extensive renovation to be comfortable and modern.
Pros & Cons
Pros
Investment/Renovation Opportunity: The property is explicitly marketed as a 'vision' project, offering significant potential for a new owner to customize, remodel, or invest, providing a solid foundation for transformation.
Generous Lot Size: Sitting on a good-sized lot of 10,683 sqft, the property offers ample outdoor space for potential expansion, landscaping, or additional amenities.
Outdoor Living Space: The inclusion of a deck enhances the property's appeal for outdoor enjoyment and entertaining, adding immediate value to the exterior.
Mountain Views: The property boasts desirable mountain views, contributing to its aesthetic appeal and potentially enhancing its market value.
Functional Layout: Despite needing updates, the home offers a functional layout, providing a practical starting point for renovation without requiring major structural reconfigurations.
Cons
Extensive Renovation Required: The property requires significant work and updates throughout, including the kitchen and bathrooms, indicating a substantial investment of time and capital for the buyer.
Older Property Age: Built in 1950, the home is likely to have outdated systems (plumbing, electrical, HVAC) and materials, which could lead to higher maintenance costs and necessitate comprehensive upgrades.
Limited Interior Square Footage: With only 812 sqft, the interior living space is relatively small for a 2-bedroom home, which might limit its appeal to larger families or those desiring more spacious living areas.