42724 W 42nd Street
Lancaster, CA, 93536
$460,000
MLS: 26000500
Beds
3
Baths
2
Sq Ft
2,000
Lot
0.24 ac
Year Built
1952
MLS #
26000500
Days on Market
106
Listed
Jan 20, 2026
Description
***price Improvement*** This beautifully upgraded residence features a permitted third room, perfect for a family room or recreation area. Recently remodeled, it boasts a modern kitchen and updated bathroom, along with new flooring and fresh paint throughout. - **Spacious Living:** The open layout maximizes use of space, with stunning granite countertops in the kitchen. - **HUGE Backyard:** Endless possibilities await in your expansive backyard, including potential for an ADU (Accessory Dwelling Unit). - **Extra Storage:** Comes with a shipping container for additional storage solutions. - **Playground Options:** Playgrounds are negotiable, perfect for families with children! - **Prime Corner Lot:** Conveniently located near schools, VONS Grocery, Chevron gas station, and a variety of restaurants, pharmacy, and banks all just a stone's throw away. This home is ready for its next family or renter to enjoy. Don't miss out on this incredible opportunity, schedule your viewing today! **THIS IS A MUST SEE!**
Location
Lancaster, Los Angeles County, CA 93536
Open on Google Maps ↗Listed by: Aubree Sar · Epique Realty
Payment estimate
$3,495
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $46,000 · Loan: $414,000
- Principal & Interest
- $2,544
- Property tax (1.25%)
- $479
- Homeowners insurance
- $300
- Mortgage insurance
- $173
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 $16,100 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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