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40924 159th St E, Lake Los Angeles, CA 93535

Sale Price: $420,000
Feb 14, 20251,300 sqft4 beds2 baths
Listed by: Jesus Rivera
License #: 01732052
Phone #: (818) 253-6956
Equity Smart Real Estate Services
Source:
CRMLS Logo
MLS #: P1-20869

Property Description

Charming Ranch Home in Lake Los Angeles - Perfect for Your Family and LifestyleNestled in a prime area of Lake Los Angeles, this spacious ranch home offers the perfect blend of comfort and versatility. Set on nearly one acre of land, this 4-bedroom, 2-bathroom property provides ample space for both relaxation and potential future development.The property features dual street access, with a fully fenced lot that offers privacy and security. Half of the fence is privacy fencing, ensuring peace and seclusion, while the other section splits the property into two distinct lots. This unique setup provides endless possibilities for expansion, such as building an Accessory Dwelling Unit (ADU) or further development.Enjoy the great outdoors with large shade trees and an above-ground pool, perfect for cooling off on hot summer days. There are two large dog runs, ideal for pet lovers, and the lot is perfect for horses, goats, chickens, or desert toys. For additional storage, a 10x12 woodshed is included, along with a 40-foot storage container.The home itself features a cozy living room with a fireplace, wood flooring, and updated light fixtures and mirrors throughout. The bathrooms have been updated with tile flooring, new toilets, and modern bidet attachments. The kitchen comes equipped with all stainless steel appliances, including a washer and dryer, making it move-in ready.Practicality meets convenience with an attached 2-car garage, a concrete driveway that accommodates up to 4 vehicles, and a newer AC system with a Wi-Fi-enabled thermostat for year-round comfort. Security cameras provide peace of mind, covering the entire property.Whether you're looking for a peaceful family retreat or a property with endless potential, this Lake Los Angeles ranch home offers it all. Don't miss your chance to own this versatile and beautiful property. Schedule your showing today!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$5,658

TurboHome Estimated Value

$388,100

$299 sqft

High Valuation
$407,505
$313/sqft
Normal Valuation
$388,100
$299/sqft
Low Valuation
$368,695
$284/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$299/sqft$388,100

Neighborhood

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Comparative Value

$293K

$390K

$399K

$412K

$420K

$427K

15622 Mossdale Ave, Lancaster, CA 93535

Sale Price: $293,000

Selected Comparable

41036 156th St E, Lancaster, CA 93535

Sale Price: $390,000

Selected Comparable

40924 159th St E, Lake Los Angeles, CA 93535

List Price: $399,000

Subject Property

15620 Newmont Ave, Lancaster, CA 93535

Sale Price: $412,000

Selected Comparable

40924 159th St E, Lake Los Angeles, CA 93535

Sale Price: $420,000

Selected Comparable

15833 Valeport Ave, Lancaster, CA 93535

Sale Price: $427,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
40924 159th St E, Lake Los Angeles, CA 93535

40924 159th St E, Lake Los Angeles, CA 93535

List: $399,000

Listed: 2/14/2025

Area:1,300 sqft
Price/sqft:$307
Beds:4
Baths:2
Year Built:
Lot Size:42,345

Comparable Properties

COMPARABLE
Choose comps
40924 159th St E, Lake Los Angeles, CA 93535

40924 159th St E, Lake Los Angeles, CA 93535

Sale: $420,000

3/28/20250.00 mi

Area:1,300 sqft
Price/sqft:$323
Beds:4
Baths:2
Year Built:
Weight:24.8%
15833 Valeport Ave, Lancaster, CA 93535

15833 Valeport Ave, Lancaster, CA 93535

Sale: $427,000

12/31/20240.14 mi

Area:1,322 sqft
Price/sqft:$323
Beds:3
Baths:2
Year Built:
Weight:19.2%
15620 Newmont Ave, Lancaster, CA 93535

15620 Newmont Ave, Lancaster, CA 93535

Sale: $412,000

7/15/20250.42 mi

Area:1,134 sqft
Price/sqft:$363
Beds:3
Baths:2
Year Built:
Weight:19.0%
41036 156th St E, Lancaster, CA 93535

41036 156th St E, Lancaster, CA 93535

Sale: $390,000

10/29/20240.37 mi

Area:1,296 sqft
Price/sqft:$301
Beds:3
Baths:2
Year Built:
Weight:18.6%
15622 Mossdale Ave, Lancaster, CA 93535

15622 Mossdale Ave, Lancaster, CA 93535

Sale: $293,000

6/17/20250.39 mi

Area:1,134 sqft
Price/sqft:$258
Beds:3
Baths:2
Year Built:
Weight:18.5%

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