44937 E 5th Street
Lancaster, CA, 93535
$489,000
MLS: 26003967
Beds
4
Baths
2
Sq Ft
1,789
Lot
0.19 ac
Year Built
1955
MLS #
26003967
Days on Market
1
Listed
May 18, 2026
Description
Welcome to this beautifully updated 4-bedroom, 2-bath home located in East Lancaster! A standout feature of this property is the detached 562 sq ft studio ADU complete with a full kitchen and bathroom, offering excellent potential for rental income, multigenerational living, guest quarters, or a private workspace. Featuring numerous upgrades completed since 2019, this property offers both comfort and style with modern touches throughout. Enjoy newer windows throughout the home, a newer front entry door with a see-through security screen door, recessed lighting, crown molding, fresh interior and exterior paint, newer fencing, and a front patio. The updated kitchens feature newer sinks, cabinets, and countertops, creating functional and stylish spaces for everyday living and entertaining. Additional upgrades include USB outlets, ceiling speakers in the studio area, a window swamp cooler, and new carpet currently being installed. The backyard also features a pool area with fresh paint, creating a great setting for relaxing or entertaining. This unique property offers versatility, upgrades, and income potential all in one!
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Christina DiMarzo · RE/MAX All-Pro
Payment estimate
$3,734
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,900 · Loan: $440,100
- Principal & Interest
- $2,741
- Property tax (1.25%)
- $509
- Homeowners insurance
- $300
- Mortgage insurance
- $183
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 May 14, 2026
- 30-year fixed
- 6.36%
- 15-year fixed
- 5.71%
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. 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.
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 $17,115 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 93535 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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