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
4
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
$3,149
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000
- Principal & Interest
- $2,283
- 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 May 28, 2026
- 30-year fixed
- 6.53%
- 15-year fixed
- 5.87%
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 $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.
Similar Homes Nearby
Active and pending listings in ZIP 93535 (Lancaster)within ±10% of this home's price and size.
Active43 DOM$365,000
44502 2nd Street
Lancaster, 93535
$365,900
40954 168th E
Lancaster, 93535
Pending13 DOM$365,900
40954 E 168th Street
Lancaster, 93535
$369,800
45403 Andale
Lancaster, 93535
$375,000
2611 Via Romana
Lancaster, 93535
$379,990
41048 173rd E
Lancaster, 93535
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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.