For SaleRisky Deal114 days on market
1040 E Avenue K11
1040 E Avenue K11, Lancaster, CA 93535, Lancaster, CA 93535
$475,000
Estimate®:$477,700$2,700 Under Market
Listing Price
1040 E Avenue K11, Lancaster, CA 93535
Loc: Lancaster, CA
Days Listed
114
Tax Assessed
$425k
Estimate®
$478k
1% Under Valued
Lot Size
6,652 sqft
Rent Estimate
$3,466/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
2
Jack Northrop Elementary School
K-5
0.8 mi away
2
New Vista Middle School
6-8
0.8 mi away
3
Eastside High School
9-12
2.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
stucco exteriortwo-storyattached garagetile roofsuburbanresidentialarched entryshuttersdrivewaymature treesingle-family hometan color palettetraditional architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.74%
Total ROI
83.6%
Cash Flow
$-192/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-192/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Lancaster
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-19 | Price change | $475,000 | $188 |
| 2026-07-29 | Price change | $499,000 | $198 |
| 2026-06-19 | Price change | $529,000 | $209 |
| 2026-06-03 | Listed for sale | $575,000 | $228 |
| 2025-08-30 | Listing removed | $4,700 | $2 |
| 2025-08-13 | Listed for rent | $4,700 | $2 |
| 2025-08-01 | Listing removed | $4,700 | $2 |
| 2025-05-12 | Listed for rent | $4,700 | $2 |
| 2024-03-13 | Listing removed | $0 | – |
| 2024-02-26 | Price change | $4,700 | $2 |
| 2024-02-14 | Listed for rent | $4,999 | $2 |
| 2024-02-04 | Listing removed | $0 | – |
| 2023-12-19 | Listed for rent | $4,999 | $2 |
| 2023-04-13 | Listing removed | $0 | – |
| 2023-03-08 | Listed for rent | $4,500 | $2 |
| 2021-03-24 | Sold | $385,000 | $152 |
| 2021-02-12 | Pending sale | $395,000 | $156 |
| 2021-02-12 | Listed for sale | $395,000 | $156 |
| 2018-05-04 | Listing removed | $350,000 | $139 |
| 2018-02-03 | Price change | $350,000 | $139 |
| 2018-02-02 | Listed for sale | $330,000 | $131 |
| 2005-03-14 | Sold | $319,500 | $126 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $425,066 |
| 2025 | $6,809.2 | $416,733 |
| 2024 | $6,494 | $408,563 |
| 2023 | $6,358.02 | $400,553 |
| 2022 | $6,110.42 | $392,700 |
| 2021 | $5,594.93 | $359,900 |
| 2020 | $5,275.26 | $359,900 |
| 2019 | $5,275.26 | $339,000 |
| 2018 | $4,786.89 | $321,000 |
| 2017 | $4,786.89 | $283,000 |
| 2016 | $4,349.8 | $260,000 |
| 2015 | $3,951.61 | $247,000 |
| 2014 | $3,614.58 | $230,000 |
| 2012 | $0 | $152,000 |
| 2011 | $0 | $152,000 |
| 2010 | $0 | $152,000 |
| 2009 | $0 | $234,900 |
| 2008 | $0 | $330,900 |
| 2007 | $0 | $332,095 |
| 2006 | $0 | $325,584 |
| 2005 | $0 | $325,584 |
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