8539 W Avenue L, Lancaster, California 93536, Lancaster, - bed, bath

home-pic
ACTIVE$599,000
8539 W Avenue L, Lancaster, California 93536
0Bed
0Bath
3,800Sqft
418,176Lot
Year Built
1957
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25247663
Home ConditionTear down
Features
Good View:
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About this home

THIS IS AN INVESTOR'S CALL WITH A GREAT VISSION TO TRANSFORM A DIAMOND ROCK IN A BEATIFUL AND FRUITFUL FARM/GEM. Location & INVESTMENT, LOCATION & INVESTMENT. located on 8539 W. Avenue L LANCASTER, CA. 93536*********************************************************BRING YOUR TOOLS TO CONVERT THIS FIXER IN A REMODELED HOME **********************WHAT WOULD YOU DO WITH THIS GEM? A RESTAURANT WITH HORSES, CAWS, CHIIVOS Y BORREGOS? ***************BRING YOUR HAMMER!!!!********************* Casa grande 7 recámaras y 4 baños y está dividida en 2 casas. La primera 4 recamaras y 2 baños con una chimenea. La segunda unidad tiene 3 recamaras 2 baños con chimenea. Tiene una sala grandísima como salón de fiestas y la tercer casa tiene 2 recamaras y 1 baño This property is located on 8539 W. Avenue L LANCASTER, CA. 93536 The first house has a total of 7 bedrooms and 4 bathrooms. And this is subdivided into TWO HOMES. The first one has 4 bedrooms and two bathrooms with chimney and has a HUGE living room and family room!!!!!!. The second one has 3 bedrooms and 2 bathrooms with chimney The THIRD HOME IS DETACHED from the main house and has 2 bedrooms and 1 bathroom. The total is 9 bedrooms and 5 bathrooms. The homes are seating on almost 10 acres of land. An acre has 43,560 Sq. Ft. THEN WE HAVE ALMOST 430,000 SQUARE FEET OF LAND !!!!!!!ALMOST 418,000 FEET OF LAND (9.6+/- ACRES)!!!!!!!! This property needs a lot of work and loving care. A recent appraisal was done on the property as it is and as it looks. The value came up to $705,000 and the nearby property was appraised for $1,200,000 Hurry, come and fix/invest on this property and make a great profit. Do you like the agriculture? Well, this RANCH PROPERTY has an OLIVE ORCHARD!!! Start your own business selling OLIVES/OLIVE OIL. The property has more than 200 ADULT OLIVE TREES that are already producing olives!

Price History

Date
Event
Price
10/31/25
Listing
$599,000
02/16/24
Sold
$333,000
09/25/19
Sold
$118,000
11/01/13
Sold
$269,000
04/04/13
Sold
$150,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot3,8002,768
67%
Lot Size418,17620,511
67%
Price$599K$675K
33%
Price per square foot$158$262
33%
Built year19571957
50%
HOA
Days on market599
33%
Condition Rating
Tear down

The property, built in 1957, is explicitly described as a 'fixer' needing 'a lot of work and loving care,' and the images confirm a state of extreme disrepair. Interiors are gutted to the studs, with exposed beams, missing walls, and concrete floors. There are no functional kitchens or bathrooms visible; the spaces are stripped down, making the property unlivable in its current condition. Windows are boarded up, and the overall state suggests the structure is beyond simple repair, requiring a complete interior rebuild or demolition, with value primarily in the nearly 10 acres of land.
Pros & Cons

Pros

Expansive Land & Agricultural Potential: The property boasts nearly 10 acres (9.6+/- acres or 418,000+ sq ft) of land, including an established olive orchard with over 200 adult producing trees, offering immediate agricultural income opportunities.
Multiple Dwellings & Income Potential: Comprising three separate homes (a 4-bed/2-bath, a 3-bed/2-bath, and a detached 2-bed/1-bath), this triplex offers significant rental income potential or flexible multi-generational living arrangements.
Significant Investment & Equity Opportunity: Positioned as a 'fixer-upper' with a current appraisal of $705,000, while a nearby property appraised at $1,200,000, indicating substantial profit potential for an investor willing to undertake renovations.
Versatile Use & Development Potential: The large acreage and existing structures provide flexibility for various uses, from a large ranch/farm to potential commercial ventures like a restaurant with livestock, or further development (subject to zoning).
High Bedroom/Bathroom Count: With a total of 9 bedrooms and 5 bathrooms across the three units, the property offers ample living space, catering to large families, multiple tenants, or hospitality ventures.

Cons

Extensive Renovation Required: The property is explicitly described as a 'fixer' needing 'a lot of work and loving care,' implying significant capital investment and effort will be required for rehabilitation and modernization.
Age of Property & Deferred Maintenance: Built in 1957, the structures are older, which often suggests outdated systems, materials, and a high likelihood of deferred maintenance that will need to be addressed by the buyer.
Sold 'As-Is' Condition: The property is being sold in its current 'as-is' condition, placing the full responsibility and financial burden of all necessary repairs, upgrades, and code compliance squarely on the purchaser.

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