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42701 40th Street West, Lancaster, CA 93536

$500K4bd · 2ba · 1,672 sqft
Lot 10,015 sqft•Single Family Residence•
Active
•104d on market•MLS# SR-26155515

Property Description

Extensively updated and move-in ready, this beautifully refreshed 4-bedroom, 2-bathroom home offers the perfect blend of modern style and everyday comfort. Numerous improvements throughout provide peace of mind and make this home truly stand out. Fresh interior and exterior paint, new roof, new luxury vinyl plank flooring, updated light fixtures throughout, and central air conditioning create a bright, inviting atmosphere from the moment you step inside. The welcoming formal living room features a charming used brick fireplace, offering a warm focal point for relaxing or entertaining. The stunning, fully remodeled kitchen is sure to impress with elegant quartz countertops, soft-close cabinetry and drawers, brand-new stainless steel appliances, abundant workspace, and a convenient breakfast bar. Ideally positioned to overlook the spacious family room, the open layout is perfect for everyday living and gathering with family and friends. Both bathrooms have been tastefully refreshed with updated finishes, enhancing the home's clean, modern appeal. The finished garage adds exceptional versatility with drywall, freshly painted walls, epoxy flooring, and additional electrical outlets, making it ideal for a workshop, home gym, or extra storage. Step outside to enjoy the covered patio, an inviting space for outdoor dining or relaxing year-round. RV access provides added convenience for your recreational vehicles, trailers, or toys. Ideally situated near schools, parks, shopping, dining, and commuter routes, this thoughtfully updated home offers the perfect combination of style, functionality, and an excellent location.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Desert, See Remarks
Flooring
Vinyl
City
Lancaster
Zip Code
93536
County
Los Angeles
Listed byBerkshire Hathaway HomeServices Troth, Realtors, Daniel Levine

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,527.77
Principal & Interest
Loan Amount
$399,920
Total Interest
$510,076
Total Payment Over 30 Years
$909,996
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 · 5 active · 5 closed

42701 40th Street West, Lancaster, CA 93536

Lancaster · Single Family Residence

$500K
Affordable Tier
Beds
4
Baths
2
Sqft
1,672
Lot
10,015 sqft
Year
1975
$/Sqft
$299
Pool: No✓
Spa: No✓
View: desert✓

Listed 6.6% below the median closed sale of $535,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $299/sqft
Total list price
Closed comps
vs closed median $535K
−$35K (−6.6%)
Active comps
vs active median $455K
+$45K (+9.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $316
−$17 (−5.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
42802 Sachs DriveLancaster1980422,0549,511$221$454,9003982
43033 39th StreetLancaster1970421,2236,665$364$445,0009281
3716 Avenue K10Lancaster1970431,3736,623$364$499,9902781
42123 45th StreetQuartz Hill1959321,8809,047$266$499,5002377
43012 36th St WLancaster1971521,1576,587$367$425,0007777
Total: 5 · Average4.02.21,537.47,686.6$316.4$464,87851.6
Median1,373$454,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
42803 AlexoLancaster197107/31/2026421,8007,323$509,999$535,000$2971.0511887
3137 Avenue J6Lancaster198508/31/2026421,6497,116$485,000$485,000$2941.007783
4528 Avenue L4Lancaster197307/01/2026321,9029,956$549,900$550,000$2891.003282
42911 SachsLancaster198409/01/2026321,8159,421$530,000$530,000$2921.005281
3240 Avenue J3Lancaster198607/21/2026431,7126,549$539,999$560,000$3271.043480
Total: 5 · Average3.62.21,775.68,073$532,000$532,000$299.8—62.6
Median1,800$535,000$535,000

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.