722 E Avenue J6
Lancaster, CA, 93535
$650,000
MLS: 26005580
Beds
5
Baths
3
Sq Ft
2,056
Lot
0.19 ac
Year Built
2003
MLS #
26005580
Days on Market
2
Listed
Jul 18, 2026
Description
Investor Opportunity Single Family Residential w with ADU! Fully tenant-occupied income-producing property featuring a 4-bedroom, 2-bath single-family residence built in 2003 and a fully permitted detached 1-bedroom, 1-bath ADU built in 2017. The main residence offers newer flooring, fresh interior paint, and a flexible floor plan with the potential to function as a 5-bedroom home, as one of the living rooms has been enclosed and is currently being utilized as an additional room. The detached ADU features modern finishes, a storage shed, and The property generates income. The main house and ADU share one water meter, while all other utilities are separately metered. This turnkey investment offers immediate cash flow with established tenants already in place and the flexibility of staggered lease expirations. Conveniently located near schools, shopping, restaurants, parks, and major commuter routes. Buyer to verify all information, including square footage, permits, lease terms, rental income, utility arrangements, and all aspects of the property to their own satisfaction.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26156905
Listed by: Virginia Diaz · Keller Williams Realty A.V.
Payment estimate
$4,938
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
Average 30-yr fixed rate 6.55% as of Jul 16, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,717
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 $22,750 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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