2550 E Avenue I
Lancaster, CA, 93535
$149,900
MLS: 26004118
Beds
2
Baths
2
Sq Ft
1,680
Lot
—
Year Built
1977
MLS #
26004118
Days on Market
2
Listed
May 24, 2026
Description
Welcome home! This recently remodeled, HUGE two bedroom, two bathroom home has new flooring, new recessed lighting, new paint throughout the entire inside, and a new roof over the enclosed patio bonus room. The updated, crescent shaped kitchen has a brand new refrigerator, new dishwasher, and new range hood. Throughout the home, you will find little nods to the past with beautiful Hollywood Regency classic style hardware and fixtures. The exterior has brand new landscaping, and nice area in the back for a small vegetable (or flower garden). In addition to ample storage in the interior of the home, there are two additional storage sheds included with the home.*This is a 55+ community.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Tara Oates · HomeBased Realty
Payment estimate
$1,366
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $14,990 · Loan: $134,910
- Principal & Interest
- $854
- Property tax (1.25%)
- $156
- Homeowners insurance
- $300
- Mortgage insurance
- $56
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $5,247 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.
Similar Homes Nearby
Active and pending listings in ZIP 93535 (Lancaster)within ±10% of this home's price and size.
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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.