42849 W 15th Street
Lancaster, CA, 93534
$310,000
MLS: 25004947
Beds
2
Baths
2
Sq Ft
1,228
Lot
4.60 ac
Year Built
1974
MLS #
25004947
Days on Market
299
Listed
Nov 21, 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
Open on Google Maps ↗Also listed on CRMLS · MLS# SR25144137
Listed by: Jared Erfle · Select Service Realty
Payment estimate
$2,499
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $31,000 · Loan: $279,000
- Principal & Interest
- $1,760
- Property tax (1.25%)
- $323
- Homeowners insurance
- $300
- Mortgage insurance
- $116
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 Jun 4, 2026
- 30-year fixed
- 6.48%
- 15-year fixed
- 5.79%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Lancaster, CA in context
Lancaster is the largest city in the Antelope Valley and the heart of Mike Watson’s service area, covering ZIP codes 93534, 93535, and 93536. From the historic BLVD downtown to West Lancaster’s master-planned communities and the rural acreage of Antelope Acres, Lancaster offers more housing variety than any other AV city. Whether you’re shopping for your first home, an investment property, or your forever house with a view, the listings below are pulled live from the MLS. If you are evaluating homes in Lancaster, Mike Watson lives and works the Lancaster 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 $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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Local Market Stats
See Lancaster, CA 93534 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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