1255 Herzel Avenue
Lancaster, CA, 93535
$285,000
MLS: SR26184797
Beds
3
Baths
2
Sq Ft
1,390
Lot
0.17 ac
Year Built
1985
MLS #
SR26184797
Days on Market
5
Listed
Aug 25, 2026
Description
Excellent short sale opportunity for contractors, experienced investors, or buyers looking for a renovation project. This 3-bedroom, 2-bathroom home is situated on a spacious approximately 7,480-square-foot lot in an established Lancaster neighborhood. The interior features an open floor plan with excellent potential to reconfigure, update, and create a personalized living space. The property includes a private pool; however, both the home and pool require repairs and improvements. The garage has been converted into an additional living area/ADU without permits. Buyer is advised to independently verify all permits, square footage, property condition, and potential uses with the appropriate governmental agencies. This property offers significant upside for the right buyer with the experience and vision to complete the necessary renovations. Short sale is subject to lender approval.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Kirina Sidelnik · Umbrella Real Estate Group
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
$2,352
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $28,500 · Loan: $256,500
Average 30-yr fixed rate 6.66% as of Aug 27, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,648
- Property tax (1.25%)
- $297
- Homeowners insurance
- $300
- Mortgage insurance
- $107
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 Aug 27, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 5.98%
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 $9,975 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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