Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

1111 Caperton

Lancaster, CA, 93535

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$279,900

MLS: SR25238279

Beds

5

Baths

3

Sq Ft

2,267

Lot

0.16 ac

Year Built

1969

MLS #

SR25238279

Days on Market

183

Listed

Oct 12, 2025

Description

SHORT SALE, MAJOR FIXER, not habitable. Five bedrooms, three baths. Plumbing leaks throughout, heavily stained, discolored and damaged ceilings, drywall and exterior stucco. Damaged roof, missing AC unit, missing flooring throughout. Single pane aluminum windows. Missing drywall, exposed pipes and framing. Block walls, covered patio. Enclosed courtyard, large shady tree in front. Utilities are not on, nor will they be activated by the seller. SOLD AS IS! Seller will not make any repairs or contributions to short sale. Short sale is subject to lender approvals. CASH ONLY!

Location

Lancaster, Los Angeles County, CA 93535

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Listed by: Carol Anderson · RE/MAX Gateway

Payment estimate

$2,244

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $27,990 · Loan: $251,910

%
Principal & Interest
$1,548
Property tax (1.25%)
$292
Homeowners insurance
$300
Mortgage insurance
$105
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Lancaster home with as little as 3.5% down using an FHA loan — roughly $9,797 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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