ActiveCondominium

42849 15th Street W 4

Lancaster, CA, 93534

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$310,000

MLS: SR25144137

Beds

2

Baths

2

Sq Ft

1,228

Lot

4.60 ac

Year Built

1974

MLS #

SR25144137

Days on Market

174

Listed

Jun 26, 2025

Description

Welcome to Park Somerset! This upstairs 2-bedroom, 2-bath condo in West Lancaster offers comfort, convenience, and one of the best locations in the community. Unit #4 is situated just steps from the sparkling pool, spa, and management office, with direct access from street parking or within the gated complex. A private garage is also included. Inside, you'll find nearly new luxury vinyl plank flooring, a bright and spacious living room with fireplace, and an updated kitchen with newer appliances. The in-unit laundry closet includes washer and dryer. Enjoy peaceful mornings on your private balcony with views of the pool, mature trees, and open space. With 1,228 sq ft of space, central HVAC, and a layout designed for privacy and flow, this move-in-ready home is ideal for first-time buyers or investors. All located just across from Costco and the 14 Freeway entrance for unbeatable access.

Location

Lancaster, Los Angeles County, CA 93534

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Listed by: Jared Erfle · Select Service Realty

Payment estimate

$2,453

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $31,000 · Loan: $279,000

%
Principal & Interest
$1,714
Property tax (1.25%)
$323
Homeowners insurance
$300
Mortgage insurance
$116
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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 $10,850 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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