$465,000
●
House -
Off Market
45101 Colleen Drive
Lancaster, CA 93535
3 Beds
2 Baths,
1
Half Bath
1,303 Ft²
$2,259
Est. Monthly
About This Property
Nestled on a quiet cul-de-sac in the heart of West Lancaster, this
3-bedroom, 2-bath home offers 1,303 sq. ft. of living space on a
generous 6,186-sq. ft. lot. The in-ground pool and expansive patio
create an entertainer's paradise, while the light-filled open floor
plan invites seamless indoor-outdoor living. The remodeled kitchen
boasts ample cabinetry, stainless appliances, and a breakfast bar.
Vaulted ceilings and vaulted skylights flood the family room with
sunshine, and the large primary suite features dual closets and an
en-suite bath. Perfect for first-time buyers, investors, or anyone
with a vision, the home is being sold "as-is," presenting an
exciting opportunity to add your personal touches. Detached 2-car
garage, RV parking, and low-maintenance landscaping complete the
package. Convenient to shopping, dining, parks, and major
freeways-make 5101 Colleen Drive your next home or investment!
Unit Size
1,303 Ft²
Days on Market
46 days
Land Size
0.14 acres
Price per sqft
$353
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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Cap Rate
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 #OC25146302)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by eXp Realty of California Inc | $459,950 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Challenger
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Listed by: Jessica Nieto, eXp Realty of California Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25146302
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC25146302
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