45535 Lostwood Avenue
Lancaster, CA, 93534
$390,999
MLS: 26007499
Beds
3
Baths
2
Sq Ft
1,194
Lot
0.22 ac
Year Built
1955
MLS #
26007499
Days on Market
0
Listed
Sep 29, 2026
Description
Tons of Potential! Great Value 3BD/2BA with Bonus Room & Huge Yard Unbeatable opportunity for investors, DIY enthusiasts, or buyers looking to build instant equity! This 3-bedroom, 2-bathroom home offers a functional layout with plenty of space to stretch out, including a versatile bonus room that's perfect for a home office, playroom, or extra living area. Set on a generously sized lot, the standout feature is the huge backyard-an ideal blank canvas for outdoor entertainment, gardening, or creating your dream outdoor oasis. Key Features & Highlights: Spacious Layout: 3 bedrooms, 2 bathrooms, plus a flexible bonus room. Expansive Backyard: Exceptional outdoor space with endless potential. Value & Equity: Priced competitively to reflect the opportunity for personal updates and TLC. Investor Potential: Currently tenant-occupied, offering rental income potential for investors. Brimming with character and solid bones, this house is ready for its next chapter. Bring your vision and custom touches to unlock its full market value. Properties with this much potential at this price point don't last long--schedule your private showing today!
Location
Lancaster, Los Angeles County, CA 93534
Open on Google Maps ↗Listed by: Heaven Roberson · Heaven Roberson, Broker
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,202
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,100 · Loan: $351,899
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,348
- Property tax (1.25%)
- $407
- Homeowners insurance
- $300
- Mortgage insurance
- $147
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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 $13,685 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 93534 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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