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5357 W Avenue L, Lancaster, CA 93536

Sale Price: $589,000
Dec 16, 20242,057 sqft3 beds2 baths
Listed by: Barbara Edwards
License #: 01944485
Phone #: 661-942-3703
Redfin Corporation
Source:
CRMLS Logo
MLS #: SR24250188

Property Description

Huge price reduction and motivated seller for an AMAZING opportunity! Live in the move in ready 4 bedroom, 2 bath, 2057 sq ft home on 4.5+ acres with future development possibilities of building additional single family homes. The R-10,000 zoning offers an exciting opportunity to build in an area of custom homes and a new home community next door. The interior of the home provides a spacious living room with ample natural light, an appealing kitchen with room for a dining table and plenty of storage, and a family room with access to the large, enclosed backyard. There is a side entrance into the mud room with laundry area making it convenient to come in, take off your dirty clothes without tracking dirt through the home. You will find a hall bathroom on each side of the home. The backyard features a storage room, a storage shed, dog run, and with a little work, it will be a peaceful retreat. Windows, Roof & HVAC have been recently updated. There is also a non-working private well on the property. R-10,0000 zoning is defined as ''Single-family residential on 10,000 sq. ft. lots'' which means you could possibly build additional homes on this property. Potential buyers are encouraged to conduct thorough research with LA County regarding the property's usage and any potential restrictions or requirements for development. With the right vision and proper due diligence, this could be a lucrative investment opportunity while you live in the home and develop the property to max potential or make your own family compound. Close to shopping, restaurants, bus line, west side school district and easy commute to the freeway.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$6,618

TurboHome Estimated Value

$545,600

$265 sqft

High Valuation
$572,880
$279/sqft
Normal Valuation
$545,600
$265/sqft
Low Valuation
$518,320
$252/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$265/sqft$545,600

Neighborhood

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Comparative Value

$492K

$500K

$589K

$615K

$650K

43027 50th St W, Lancaster, CA 93536

Sale Price: $492,000

Selected Comparable

42631 51st St W, Quartz Hill, CA 93536

Sale Price: $500,000

Selected Comparable

5357 W Avenue L, Lancaster, CA 93536

Sale Price: $589,000

Selected Comparable

5137 W Avenue L, Quartz Hill, CA 93536

Sale Price: $592,000

Selected Comparable

5039 W Avenue K14, Lancaster, CA 93536

Sale Price: $615,000

Selected Comparable

5357 W Avenue L, Lancaster, CA 93536

List Price: $649,999

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
5357 W Avenue L, Lancaster, CA 93536

5357 W Avenue L, Lancaster, CA 93536

List: $649,999

Listed: 12/16/2024

Area:2,057 sqft
Price/sqft:$316
Beds:3
Baths:2
Year Built:
Lot Size:196,797

Comparable Properties

COMPARABLE
Choose comps
5357 W Avenue L, Lancaster, CA 93536

5357 W Avenue L, Lancaster, CA 93536

Sale: $589,000

4/11/20250.00 mi

Area:2,057 sqft
Price/sqft:$286
Beds:3
Baths:2
Year Built:
Weight:22.5%
43027 50th St W, Lancaster, CA 93536

43027 50th St W, Lancaster, CA 93536

Sale: $492,000

5/30/20250.51 mi

Area:1,743 sqft
Price/sqft:$282
Beds:3
Baths:2
Year Built:
Weight:19.6%
5039 W Avenue K14, Lancaster, CA 93536

5039 W Avenue K14, Lancaster, CA 93536

Sale: $615,000

6/2/20250.40 mi

Area:2,428 sqft
Price/sqft:$253
Beds:3
Baths:2
Year Built:
Weight:19.4%
42631 51st St W, Quartz Hill, CA 93536

42631 51st St W, Quartz Hill, CA 93536

Sale: $500,000

7/18/20250.41 mi

Area:1,616 sqft
Price/sqft:$309
Beds:3
Baths:2
Year Built:
Weight:19.4%
5137 W Avenue L, Quartz Hill, CA 93536

5137 W Avenue L, Quartz Hill, CA 93536

Sale: $592,000

7/31/20250.27 mi

Area:2,010 sqft
Price/sqft:$295
Beds:4
Baths:2
Year Built:
Weight:19.1%

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