$491,000
●
House -
Off Market
45029 16th Street W
Lancaster, CA 93534
3 Beds
2 Baths
1,533 Ft²
$2,357
Est. Monthly
About This Property
This inviting 3-bedroom, 2-bath home is located in a desirable West
Lancaster neighborhood. The updated kitchen features quartz
countertops, and the spacious bedrooms offer plenty of comfort.
Enjoy a large family room with a big loft and a beautiful
fireplace, perfect for relaxing or entertaining. Additional
highlights include laminate flooring, a newer roof, a newer AC
unit, and solar panels. Outside, discover a big backyard with
endless possibilities-garden, play, or design your dream outdoor
retreat. There's also a covered patio and a bonus room ideal for a
studio or office. The garage has been converted into an unpermitted
ADU. This home is move-in ready-schedule your viewing today!
Unit Size
1,533 Ft²
Days on Market
51 days
Land Size
0.19 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SR25177541)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 29, 2025 | Listed by The ONE Luxury Properties | $479,999 | |
| Listed by The ONE Luxury Properties | |||
| Feb 7, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Welcome To This Spacious 3-Bedroom 2 Bath Home Located in a Great Neighborhood in West Lancaster. This Updated Home Features a Remodeled Kitchen with Quartz Countertops, Spacious Bedrooms and a Large Family Room that could be converted into a 4th Bedroom! Other Features include Laminate Flooring, Newer Roof, Newer AC Unit, and Solar Panels. Step Outside to a Pool Size Backyard with Covered Patio and a Bonus Room that Could Be Used as a Studio or Office! Garage has been converted into an ADU with Potential Rental INCOME!! Mortgage Loan Is Assumable at a 3.125% INTEREST RATE! Don't Miss out, Schedule a Viewing Today!
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lancaster
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Listed by: Jasmin Arciniega, The ONE Luxury Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25177541
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25177541
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