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40945 156th Street, Lancaster, CA 93535

$300K3bd · 2ba · 1,134 sqft
Lot 42,452 sqft•Single Family Residence•
Active
•4d on market•MLS# 00-26105341

Property Description

Attention investors, flippers, and contractors! Don't miss this opportunity to transform a 3-bedroom, 2-bathroom home offering approximately 1,134 sq. ft. of living space on an expansive 0.97-acre lot in Lancaster. This property is a true fixer with significant renovation needs, presenting an opportunity for investors looking for their next value-add project. The generous lot offers additional possibilities for outdoor improvements and future enhancements, subject to city and county approvals. Whether you're looking to renovate and resell or hold as a long-term investment, this property is ready for your vision. Probate sale with full authority NO court confirmation required! Property is being sold strictly AS-IS, with no repairs or credits from the seller. Bring your contractor, evaluate the potential, and submit your best offer! Cash offers preferred.

Features & Amenities

FeeBuilt 1985

Property Details

Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Fireplace(s), Forced Air
Flooring
Carpet
City
Lancaster
Zip Code
93535
County
Los Angeles
Listed byEquity Smart Home Loans, Inc, Winston Nelson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,516.96
Principal & Interest
Loan Amount
$239,999
Total Interest
$306,105
Total Payment Over 30 Years
$546,104
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 3 active · 5 closed

40945 156th Street, Lancaster, CA 93535

Lancaster · Single Family Residence

$300K
Affordable Tier
Beds
3
Baths
2
Sqft
1,134
Lot
42,452 sqft
Year
1985
$/Sqft
$265
Pool: No✓
Spa: No✓

Listed 5.7% below the median closed sale of $318,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $300K· $265/sqft
Total list price
Closed comps
vs closed median $318K
−$18K (−5.7%)
Active comps
vs active median $334K
−$34K (−10.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $237
+$28 (+11.8%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15171 Greenrock AvenueLancaster1989321,39639,425$236$329,9951485
41111 172ndLancaster1987321,34629,367$253$340,0006676
40322 167thPalmdale2022321,50621,257$222$333,9007464
Total: 3 · Average3.02.01,41630,016.333$237$334,631.66751.333333333333336
Median1,396$333,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16254 MossdaleLancaster198407/21/2026321,02539,409$260,000$260,000$2541.002686
41318 158thLancaster198809/23/2026321,32439,532$361,000$285,000$2150.799786
40974 156th StreetLake Los Angeles198508/06/20262188839,346$315,000$334,500$3771.067184
16605 Valeport AvenueLancaster198409/10/2026321,40229,929$315,000$318,000$2271.012978
15142 LanfairLancaster198607/27/20262191239,461$319,950$340,000$3731.0615478
Total: 5 · Average2.61.61,110.237,535.4$307,500$307,500$289.2—75.4
Median1,025$318,000$318,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.