24207 Lema Drive Drive
Valencia, CA, 91355
$475,000
MLS: SR26236746
Beds
2
Baths
2
Sq Ft
1,054
Lot
0.05 ac
Year Built
1975
MLS #
SR26236746
Days on Market
2
Listed
Nov 6, 2026
Description
A Great Opportunity to Create Your Dream Home! Bring your vision to life with this charming, single-story corner-unit townhome in Vista Fairways East! This fixer-upper is a fantastic opportunity to get into the market at an attractive price and create a home that reflects your own style and taste. Step inside to a spacious living room featuring vaulted ceilings, a stone fireplace, and abundant natural light. The living room flows into the dining area, creating a welcoming space with plenty of potential. The spacious kitchen is ready for your personal touch, while the large patio with built-in planters offers the perfect setting for outdoor entertaining, relaxing, or growing your own vegetables. Just off the dining area, you’ll find a two-car garage with washer and dryer. A hallway leads to the primary bedroom suite with vaulted ceilings and an en-suite bathroom, along with an additional guest bedroom and full bathroom. Enjoy convenient access to the 5 Freeway, grocery stores, restaurants, Farmer's Market, COC, Cal Arts, Vista Valencia Golf Course, and charming downtown Newhall. Priced to sell and full of potential! With a little TLC and your imagination, you can transform this townhome into something special and build equity along the way. Don’t miss the opportunity to make it your own!
Location
Valencia, Los Angeles County, CA 91355
Open on Google Maps ↗Listed by: Cynthia Russo · Engel & Volkers Burbank
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
$4,369
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $47,500 · Loan: $427,500
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,896
- Property tax (1.25%)
- $495
- Homeowners insurance
- $300
- Mortgage insurance
- $178
- HOA dues
- $500
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 Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Valencia home with as little as 3.5% down using an FHA loan — roughly $16,625 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 Valencia, CA 91355 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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