49019 E 120th Street
Lancaster, CA, 93535
$544,000
MLS: 26000451
Beds
6
Baths
2
Sq Ft
1,984
Lot
10.09 ac
Year Built
1956
MLS #
26000451
Days on Market
148
Listed
Jan 17, 2026
Description
Two homes on a huge 10.09 acre lot. This property contains 2 address one for the ADU and one for the main home. Large trees, shrubs. Many animal pens to bring all your animals. There are out buildings, sheds and barns. Water and electric provided around the property. 3 bedrooms and 1 bathroom for each of the 2 homes.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26011811
Listed by: Cleone Murphy · RE/MAX All-Pro
Payment estimate
$4,172
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,400 · Loan: $489,600
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,101
- Property tax (1.25%)
- $567
- Homeowners insurance
- $300
- Mortgage insurance
- $204
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 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $19,040 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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