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$350,000
Original list price: $365,000
MLS: SR26007397
Beds
3
Baths
2
Sq Ft
1,419
Lot
0.14 ac
Year Built
1985
MLS #
SR26007397
Days on Market
29
Listed
Jan 15, 2026
Description
Great home featuring an open floor plan, abundant natural light, and a functional layout ideal for modern living. The property offers generous living spaces, a private backyard, and excellent proximity to schools, shopping, and major freeways. The home offers solid fundamentals with great potential for customization. Ideal for buyers looking to secure a property in a desirable area at a compelling value. Perfect for owner-occupants or investors seeking long-term upside.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Joshua Salazar · Mission Real Estate
Payment estimate
$2,789
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $35,000 · Loan: $315,000
- Principal & Interest
- $1,993
- Property tax (1.25%)
- $365
- Homeowners insurance
- $300
- Mortgage insurance
- $131
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 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $12,250 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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