Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

45039 Rachel Avenue

Lancaster, CA, 93535

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$400,000

MLS: 26645633

Beds

2

Baths

2

Sq Ft

1,055

Lot

0.13 ac

Year Built

1989

MLS #

26645633

Days on Market

8

Listed

Apr 6, 2026

Description

Great Opportunity Fixer with Huge Potential! This home offers a fantastic opportunity for buyers looking to add their personal touch. Featuring a solid layout and great bones, this property is ready for some updates including interior/exterior paint and new flooring. Perfect for investors, flippers, or homeowners looking to build equity. Located in a desirable area with strong upside potential. Price to sell don't miss this chance to turn this house into your dream home or next investment! This property is sold as is.

Location

Lancaster, Los Angeles County, CA 93535

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Listed by: Jeffrey D Miles · Transcend Real Estate Services

Payment estimate

$3,079

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000

%
Principal & Interest
$2,212
Property tax (1.25%)
$417
Homeowners insurance
$300
Mortgage insurance
$150
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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 $14,000 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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