5042 W Avenue L12
Lancaster, CA, 93536
$390,000
MLS: 26849133
Beds
2
Baths
1
Sq Ft
892
Lot
0.48 ac
Year Built
1954
MLS #
26849133
Days on Market
2
Listed
Jun 17, 2026
Description
Opportunity Awaits on Nearly Half an Acre in Desirable West Quartz Hill! Calling all developers, builders, investors, and homebuyers! Situated on an expansive 0.48-acre lot with an array of beautiful, colorful flowers that enhance the property's curb appeal. This charming ranch-style home offers endless possibilities and the perfect canvas to create your dream property. This turnkey 2-bedroom, 1-bath residence features an upgraded kitchen and bathroom, new carpet in the bedrooms, and beautiful wood-beamed ceilings that add warmth and character to the spacious living room. New lighting enhances the interior, while a charming ranch-style door in the living room leads to the backyard, seamlessly blending indoor and outdoor living. As you enter the property, you'll be greeted by mature trees and open, usable land. Positioned toward the rear of the lot, the home offers exceptional privacy and a peaceful setting. The primary bedroom features a large walk-in closet, while the second bedroom includes built-in shelving for added functionality. The enclosed patio houses the washer and dryer and provides direct access to the backyard. Outside, the possibilities are endless. With ample open space and two detached garages accommodating up to four vehicles, this property is ideal for expansion, additional structures, workshops, RV parking, or creating the outdoor retreat you've always envisioned. Located within the highly regarded Westside Union School District and just blocks from Joe Walker Middle School, this property is conveniently close to churches, shopping, dining, and everyday amenities. Enjoy nearby favorites such as Broken Bit Steakhouse and Don Sebastian's Authentic Mexican Restaurant, along with the convenience of Quartz Hill Towne Centre featuring Vons, CVS, Tractor Supply, AutoZone, Chase Bank, restaurants, fuel stations, and more. *Possible FHA loan assumption opportunity with an attractive interest rate of 2.75%. Buyer to verify assumption eligibility and terms with lender.
Location
Lancaster, Los Angeles County, CA 93536
Open on Google Maps ↗Listed by: Fatemah Sartawi · Keller Williams Beverly Hills
Payment estimate
$3,064
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,000 · Loan: $351,000
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,212
- Property tax (1.25%)
- $406
- Homeowners insurance
- $300
- Mortgage insurance
- $146
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 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Quartz Hill, CA in context
Quartz Hill is the unincorporated community on Lancaster’s west side, sharing ZIP 93536 with West Lancaster. It’s consistently the most-requested AV submarket: top-rated schools, larger lots, mature trees, and a calm semi-rural feel — yet still minutes from the 14 freeway and the Plant 42 aerospace corridor. Most listings here are single-family homes on quarter- to half-acre lots. Mike Watson has helped Quartz Hill buyers and sellers since 2005 and knows the school feeders and lot-size nuances that drive value here. If you are evaluating homes in Lancaster, Mike Watson lives and works the Quartz Hill 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 $13,650 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 93536 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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