46141 125th E
Lancaster, CA, 93535
$250,000
MLS: OC26223378
Beds
3
Baths
1
Sq Ft
1,265
Lot
1.00 ac
Year Built
1965
MLS #
OC26223378
Days on Market
2
Listed
Oct 14, 2026
Description
Investor Opportunity in Lancaster! Bring your vision to this 3-bedroom, 1-bath home offering approximately 1,265 square feet of living space on a spacious 1-acre lot. The property also features a detached garage with high ceilings, providing additional space for storage, a workshop, or other potential uses. This is a major fixer requiring extensive renovations, including significant roof repairs, making it an excellent opportunity for investors, contractors, or buyers looking for a complete renovation project. The expansive lot offers plenty of room and possibilities to maximize the property's potential. Property is being sold strictly as-is, with no seller repairs. Cash offers preferred due to the property's current condition. Bring your contractor and explore the possibilities!
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Andy Dang · Pellego, Inc.
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
$2,212
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $25,000 · Loan: $225,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,558
- Property tax (1.25%)
- $260
- Homeowners insurance
- $300
- Mortgage insurance
- $94
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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. Mike Watson has closed sales on half-acre and larger lots in Lake Los Angeles and the east Antelope Valley, and has guided buyers here since 2005. 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 $8,750 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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