ActiveSingleFamilyResidence

44531 Gillan Avenue

Lancaster, CA, 93535

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$565,000

MLS: DW26157094

Beds

5

Baths

3

Sq Ft

2,289

Lot

0.16 ac

Year Built

1970

MLS #

DW26157094

Days on Market

1

Listed

Jul 19, 2026

Description

Beautifully Renovated 5-Bedroom Home with RV Parking, Large Backyard & Income Potential Move right into this beautifully renovated 5-bedroom, 3-bathroom home offering the perfect combination of modern style, spacious living, and excellent investment potential. Renovated in July 2025, this turnkey property is located in a quiet, established Lancaster neighborhood just minutes from shopping, dining, schools, parks, and everyday conveniences. The open-concept floor plan is enhanced by soaring ceilings that fill the home with natural light and create an inviting sense of space. The upgraded kitchen flows seamlessly into the living and dining areas, making it ideal for entertaining and everyday living. Upstairs, a spacious loft/den provides the flexibility for a family room, media room, home office, or playroom. Additional highlights include: • 5 spacious bedrooms and 3 full bathrooms • Recently renovated throughout (July 2025) • New 5-ton central HVAC system installed in April 2026 • Open-concept living and dining areas • High ceilings with abundant natural light • Versatile upstairs loft/den • Attached 2-car garage with direct access • RV parking • Expansive backyard with room to entertain, garden, or explore future possibilities The property is currently tenant-occupied, generating approximately $3,800 per month in rental income. The lease expires in September 2026, providing the next owner the flexibility to continue receiving rental income or occupy the home after the lease term. The generous lot may also offer the opportunity to add an Accessory Dwelling Unit (ADU), subject to City of Lancaster approval. Buyers are advised to verify all zoning, development potential, and permit requirements with the City. Whether you're searching for a spacious family home or a turnkey investment with immediate cash flow and future upside, this exceptional property delivers outstanding value. Don't miss this incredible opportunity to own a beautifully updated home with space, flexibility, and long-term potential.

Location

Lancaster, Los Angeles County, CA 93535

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Listed by: Armando G De La Torre · Cyril Financial Group

Payment estimate

$4,331

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $56,500 · Loan: $508,500

%

Average 30-yr fixed rate 6.55% as of Jul 16, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,231
Property tax (1.25%)
$589
Homeowners insurance
$300
Mortgage insurance
$212
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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 Jul 16, 2026

30-year fixed
6.55%
15-year fixed
5.93%

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. Mike Watson knows the Lake Los Angeles and east-AV acreage market and has guided buyers here since 2005. 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.

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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 $19,775 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.