40525 166th E
Lancaster, CA, 93535
$395,000
MLS: SR26010910
Beds
3
Baths
2
Sq Ft
1,264
Lot
0.67 ac
Year Built
1969
MLS #
SR26010910
Days on Market
2
Listed
Jan 15, 2026
Description
Great opportunity for investors with tenant in place or first-time buyers. This Adorable 3-bedroom 2-bath plus bonus room Lake Los Angeles home sits on more than half an acre of land with so much upside potential. Spacious backyard has definitive opportunities, perfect for building another unit or adding your own unique touches such as a garden or great for horses and animals. The home opens into a large living room, leads to the kitchen with eat-in dining area have been upgraded to white cabinets with granite counter-tops, stainless steel double sink. The garage and the bonus room can be converted to an ADU /guesthouse for additional family members or potential rental property. Two newer A/C units that need to be connected to the main house and the existing garage. Upgraded electrical panel. Stop by today and make this home yours. Will not last! Property to be sold in its current “AS IS, WHERE IS” condition with no warranties, guarantees, repairs, or credits. All information provided is deemed reliable but not guaranteed. Seller, Seller’s Agent, and Seller’s Broker make no representations or warranties regarding square footage, condition, permits, or any other aspects of the property. Buyers and Buyer’s Broker are advised to independently verify all information through licensed professionals to satisfy themselves fully. Seller, Seller’s Agent, and Seller’s Broker shall be held harmless from any and all liabilities, whether stated or implied.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Moe Mirmehdi · Pinnacle Estate Properties, Inc.
Payment estimate
$3,044
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,500 · Loan: $355,500
- Principal & Interest
- $2,184
- Property tax (1.25%)
- $411
- Homeowners insurance
- $300
- Mortgage insurance
- $148
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $13,825 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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