1118 E Avenue J3
Lancaster, CA, 93535
$325,000
MLS: GD25274418
Beds
4
Baths
2
Sq Ft
1,670
Lot
0.18 ac
Year Built
1956
MLS #
GD25274418
Days on Market
76
Listed
Dec 11, 2025
Description
Great opportunity for investors, flippers, or buyers looking for a project. This Lancaster property is a true fixer with plenty of potential for renovation and value-add improvements. Set on a spacious lot, the home offers a versatile layout ready to be reimagined to suit your needs. Conveniently located near schools, shopping, dining, and commuter routes, this property provides a solid foundation for those with vision. If you're ready to transform a home and create equity, this is the perfect canvas. Bring your tools and imagination—opportunities like this don’t come along often.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Levon Leo Dzhabrayan · WealthBridge Real Estate
Payment estimate
$2,605
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $32,500 · Loan: $292,500
- Principal & Interest
- $1,845
- Property tax (1.25%)
- $339
- Homeowners insurance
- $300
- Mortgage insurance
- $122
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 Jun 4, 2026
- 30-year fixed
- 6.48%
- 15-year fixed
- 5.79%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Lake Los Angeles, CA in context
Lake Los Angeles is an unincorporated east-AV community in ZIP 93535, about 20 minutes east of Palmdale. Buyers come here for the most house-per-dollar in the AV — half-acre to multi-acre lots, fewer HOAs, and a quiet semi-rural pace. Many listings include desert acreage suitable for horses, RVs, or future expansion. If you are evaluating homes in Lancaster, Mike Watson lives and works the Lake Los Angeles market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
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 $11,375 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
See Lancaster, CA 93535 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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