$399,000
MLS: SR26209100
Beds
3
Baths
3
Sq Ft
1,637
Lot
0.18 ac
Year Built
1986
MLS #
SR26209100
Days on Market
2
Listed
Sep 24, 2026
Description
Investor special: a 3-bedroom, 2.5-bathroom two-story pool home with a turnkey interior in East Lancaster, California, priced to sell at $399,000. A strong buy-and-hold investment for rental income, or for an owner-occupant. The 1,637-square-foot home was built in 1986 on a 7,667-square-foot lot. Double entry doors under a transom window open to a sunken living room with a vaulted ceiling, crown molding and a bay window. Wood-look plank flooring runs through the living areas, staircase and bedrooms. The kitchen has espresso shaker cabinets, white quartz countertops, a marble herringbone mosaic backsplash, under-cabinet and recessed lighting, and a quartz peninsula with breakfast-bar seating under pendant lights. Stainless steel appliances include a gas range, over-the-range microwave and French-door refrigerator. The family room has a fireplace with a marble-look tile surround, a wood mantel and a sliding glass door to the patio. A downstairs flex room has an indoor laundry closet with a utility sink and space for a den, office or game room. The powder room has a quartz vanity. The upstairs primary suite has a vaulted ceiling and a wall-length closet. The primary bathroom has a skylight, a dual-sink quartz vanity and a walk-in tiled shower with a dual showerhead and marble-look porcelain floors. The hall bathroom has a tile tub and shower with a built-in niche and a quartz vanity. In the backyard, a full-width covered patio overlooks the fenced yard and the in-ground pool, attached spa and diving board. Stone veneer accents, a wide driveway, an attached 2-car garage and central air complete the home. Near Jack Northrop Elementary, New Vista Middle School, Eastside High School, shopping, dining and Vallarta Market. An investment property in East Lancaster, CA 93535 ready to rent or live in.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Jose Schnaider · Equity Union
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,262
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,900 · Loan: $359,100
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,396
- Property tax (1.25%)
- $416
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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. Mike Watson knows the Lake Los Angeles and east-AV acreage market and has guided buyers here since 2005. 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 $13,965 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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