531 E Norberry Street
Lancaster, CA, 93535
$400,000
MLS: 26004289
Beds
3
Baths
4
Sq Ft
1,429
Lot
0.23 ac
Year Built
1957
MLS #
26004289
Days on Market
71
Listed
Jun 1, 2026
Description
Unlock the potential of this oversized 10,000 sq. ft. lot! This property is ready for a new chapter and offers an excellent opportunity for renovation and improvement. With ample outdoor space and room to grow, the possibilities are endless. Ideal for buyers seeking a project with long-term upside and value-add potential. Property is being sold AS-IS in its current condition. Seller will make no repairs or provide credits for repairs. Any personal property, debris, furnishings, vehicles, equipment, or other items remaining in the home, garage, yard, storage areas, or elsewhere on the property at the close of escrow shall become the responsibility of the buyer and will be removed at the buyer's sole expense. Buyer to conduct all investigations and inspections to their satisfaction.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Erin Charles · eXp Realty of California, Inc.
Payment estimate
$3,154
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000
Average 30-yr fixed rate 6.55% as of Jul 16, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,287
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 Jul 16, 2026
- 30-year fixed
- 6.55%
- 15-year fixed
- 5.93%
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 knows the Lake Los Angeles and east-AV acreage market 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 $14,000 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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