$360,000
●
House -
Off Market
45370 Elm
Lancaster, CA 93534
3 Beds
1 Bath
983 Ft²
$1,692
Est. Monthly
About This Property
Beautiful turn-key corner lot home located in Lancaster! This
charming single-story residence, built in 1955, offers 3 bedrooms
and 1 fully updated bathroom within 983 sq ft of thoughtfully
upgraded living space. Enjoy modern improvements throughout,
including energy-efficient double pane windows, stylish laminate
wood flooring, upgraded baseboards, recessed lighting, ceiling
fans, fresh interior paint and brand-new garage door. All
appliances included! Perfect for first-time buyers or those looking
to downsize, this home combines classic character with today's
modern touches--all situated on a desirable corner lot.
Unit Size
983 Ft²
Days on Market
52 days
Land Size
0.13 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 6 months ago (CRMLS #SR26080822)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Listed by Keller Williams Realty Antelope Valley | $344,500 | |
| Listed by Keller Williams Realty Antelope Valley | |||
| Apr 29, 2021 | No longer available | - | |
| No longer available | |||
| Apr 22, 2021 | Listed | $285,000 | |
| Listed | |||
| | |||
|
Great starter home located in West Lancaster. This home features newer flooring and an open layout. RV access and newer paint. Perfect size for a small family. Located conveniently near shopping centers and restaurants. The manager has listed the unit size as 983 square feet.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Mariposa
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Listed by: Jennifer Cordtz, Keller Williams Realty Antelope Valley
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SR26080822
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SR26080822
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