45040 Redwood Avenue
Lancaster, CA, 93534
$469,999
MLS: SR26120149
Beds
2
Baths
1
Sq Ft
752
Lot
0.18 ac
Year Built
1950
MLS #
SR26120149
Days on Market
1
Listed
Jun 3, 2026
Description
Two units in Lancaster offering exceptional flexibility, comfort, and opportunity on one spacious property. Situated on a generous 7,784-square-foot lot, this unique offering includes a charming main residence and a move-in-ready detached ADU, creating the perfect setup for multigenerational living, guest accommodations, or potential rental income. The main home features 2 bedrooms, 1 bathroom, and 752 square feet of thoughtfully designed living space. From the moment you arrive, there is an inviting sense of simplicity and comfort. Natural light fills the living areas, creating warm and welcoming spaces for everyday living, relaxing, or spending time with family and friends. The functional layout maximizes every square foot, while the bedrooms provide peaceful retreats at the end of the day. Adding even more value, the detached ADU offers 1 bedroom and 1 bathroom with move-in-ready convenience and its own sense of privacy and independence from the main home. Whether used for extended family, guests, a home office, or income-producing potential, this additional living space enhances both the versatility and appeal of the property. Whether you're purchasing your first home, looking to downsize without sacrificing flexibility, or seeking an investment opportunity with multiple living spaces, this property offers endless possibilities. More than just a place to live, it's a property where new memories can be made, future plans can take shape, and the comforts of home can be enjoyed for years to come.
Location
Lancaster, Los Angeles County, CA 93534
Open on Google Maps ↗Listed by: Gustavo Rodriguez · Real Broker
Payment estimate
$3,634
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $47,000 · Loan: $422,999
- Principal & Interest
- $2,668
- Property tax (1.25%)
- $490
- Homeowners insurance
- $300
- Mortgage insurance
- $176
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 $16,450 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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