Homes/California/Lancaster/41016 150th Street East
CompCasa Property Analysis · single_family

41016 150th Street East

Renovated 3BR Ranch on 10.06 Acres with 1,300 sf Barn

Spacious single-level living with ADU potential in Lake Los Angeles

3 beds2 baths1,573 sq ftBuilt 191610.06 acresnone
CompCasa valuation analysis
Estimated market value
$575,000
Low $550,000 · Midpoint $575,000 · High $600,000
Confidence85%Sales comparison approach
Last recorded sale$200,000Jul 2, 2025
Assessed value$194,8372025 assessment
CompCasa estimate$575,000Mar 6, 2026
Estimate vs. last recorded sale+$375,000 / +187.5%
$550,000$575,000 midpoint$600,000
Price / sq ft$366
Median sale price$420,000
Avg days on market60 days
Inventory3.5 months

Sales comparison approach using recent comparable sales within the area, adjusted for lot size, condition, and amenities. Income approach considered potential rental income from main house and possible ADU conversion of barn.

About the property

Renovated 3BR Ranch on 10.06 Acres with 1,300 sf Barn

The first thing that registers here is scale: 10.06 acres of level, usable land framed by a fully renovated ranch house and a substantial 1,300-square-foot barn that opens countless possibilities. Located on 150th Street East in Lake Los Angeles, this single-story stucco home has been refreshed throughout — a new kitchen, modernized bathrooms, and updated flooring give the 1,573-square-foot floorplan a crisp, contemporary feel while preserving the property’s rural character.

Step inside and the renovation details are immediately evident. The home offers three bedrooms and two bathrooms arranged for practical, everyday living on one level. New finishes and updated systems (central heat and air) create a comfortable environment ready for move-in. Utilities reflect rural independence: water from a well, septic service, propane for gas, and electricity via Southern California Edison. There’s no attached garage, but the grounds provide generous parking — the assessor notes ample room for vehicles, trailers, or recreational toys.

Outside, the property reads like a small acreage estate. The barn is a standout asset: at roughly 1,300 square feet it’s structurally significant and a prime candidate for conversion to an accessory dwelling unit (subject to permits and zoning review). With light agricultural zoning (LCA11*) and a flexible land-use profile, buyers who want horses, hobbies, storage, or an on-site rental opportunity will find the parcel compelling.

The Lake Los Angeles setting offers rural quiet with community amenities within a short drive — Lake Los Angeles Park, Stephen Sorensen Park, and the local community center are all nearby. While local school ratings are below county averages, this property’s combination of renovated living space, expansive acreage, and ADU opportunity creates an attractive ownership or investment proposition. Sellers have positioned the listing at $575,000 to reflect the improvements, large lot, and income potential that smaller nearby comparables do not provide.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$460,000
Property address41420 154th St E, Lake Los Angeles, CA 93535
3 bed2 bath1,134 sq ftBuilt 19800.47 mi50,000 sq ft lot$405/SF
Sold Mar 27, 2025
Subject difference
  • 439 SF smaller
  • 388,230 SF smaller lot
  • 64 years newer
Research comparison noteSmaller lot and living area; sold recently
02Sold price$294,000
Property address41408 156th St E, Lake Los Angeles, CA 93535
3 bed2 bath1,402 sq ftBuilt 19850.63 mi48,787 sq ft lot$210/SF
Sold Jul 10, 2025
Subject difference
  • 171 SF smaller
  • 389,443 SF smaller lot
  • 69 years newer
Research comparison noteSimilar age and condition; smaller lot
03Sold price$420,000
Property address41015 163rd St E, Lancaster, CA 93535
3 bed2 bath1,235 sq ftBuilt 19841.5 mi43,560 sq ft lot$340/SF
Sold Aug 12, 2025
Subject difference
  • 338 SF smaller
  • 394,670 SF smaller lot
  • 68 years newer
Research comparison noteSmaller lot and living area; sold recently
Comp methodology: Comparable sales and rentals were selected based on proximity, size, and condition to provide an accurate valuation estimate.
Property details

A 1916 ranch on 10.06 acres.

Building

Year built1916
ConstructionStucco
RoofShingle
Heatingcentral
Coolingcentral air

Site & utilities

Lot size10.06 acres
Garagenone
Stories1
ConditionRenovated
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, fully renovated with new kitchen, bathrooms, and flooring; includes a 1,300 sq. ft. barn suitable for conversion to an additional dwelling unit
Lot area438,230 sq ft
TopographyLevel
FrontageFrontage on 150th Street East
ParkingDriveway
Parking spaces55
Parking notesAmple parking space on property
AccessStandard residential driveway from 150th Street East
WaterWell
SewerSeptic Tank
ElectricSouthern California Edison
GasPropane
Location & nearby

Lake Los Angeles

Researched nearby locations

Lake Los Angeles Park (2.5 mi)
Stephen Sorensen Park (3.0 mi)
Lake Los Angeles Community Center (2.7 mi)

Location

41016 150th Street East, Lancaster, CA 93535

View in Google Maps
Editorial neighborhood context

Lake Los Angeles is a rural residential enclave within the Antelope Valley that attracts buyers seeking space, privacy, and recreational opportunity. The community balances quiet country living with community amenities—local parks, a community center, and open desert landscapes are all within a short drive. Properties here often include larger lots, equestrian uses, and hobby farms. While school ratings are below county averages, the area appeals to buyers prioritizing acreage, outdoor lifestyle, and distance from dense urban cores.

Nearby access summary

Very good access to outdoor recreation with Lake Los Angeles Park and Stephen Sorensen Park within three miles, ample private acreage for equestrian or recreational uses, and community recreational facilities nearby.

ElementaryVista San Gabriel Elementary School (3/10)
Middle schoolChallenger Middle School (2/10)
High schoolLittlerock High School (3/10)
School districtWilsona Elementary School District
Market context

A factual market snapshot around 41016 150th Street East.

Median sale price$420,000
Avg days on market60 days
Inventory3.5 months
1-year appreciation5.0%
5-year appreciation15.0%
Editorial market perspective

The Lake Los Angeles segment of the Antelope Valley is currently a balanced market that slightly favors sellers for unique, well-located acreage. Inventory sits at about 3.5 months with average days on market near 60 — a cadence that points to measured buyer activity rather than a rush. Median sale prices in the immediate area are roughly $420,000; single-family homes with standard lots trade near that median, while substantially larger parcels and properties with usable agricultural buildings command premiums. Recent comps show a range of outcomes: nearby sales in 2025 varied from the low $200Ks (smaller, dated homes) to the mid-$400Ks; this renovated ranch is listed at $575,000, reflecting upgrades, the 10-acre footprint, and the 1,300 sf barn.

For buyers focused on income or long-term value, now is an opportune time to consider a property like this. Mortgage rates and buyer demand have moderated, giving purchasers the leverage to evaluate renovation-to-income strategies (such as barn-to-ADU conversion). For investors, local rental comparables imply monthly rents in the $2,400–$2,700 range for similarly sized dwellings; converting the barn could augment cash flow and cap-rate potential. Verify permitting pathways with Los Angeles County and factor in inspection items for a 1916-built residence, but the data suggests steady appreciation — about 5% year-over-year and roughly 15% over five years — supporting both owner-occupier and investor theses.

Zoning & land use

Light Agricultural

Zoning

Zoning codeLCA11*
DescriptionLight Agricultural
JurisdictionLos Angeles County
Assessor useSingle Family Residential
Current useResidential
SetbacksSubject to county regulations; verify with local authorities

Research-indicated uses

  • Single Family Residential
  • Agricultural
  • Accessory Dwelling Unit
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$48,709
Assessed improvements$146,128
Total assessed$194,837
Assessment year2025
Annual property tax$2,609
Tax year2025

Sale history

2025-07-02$200,000 · $127/SF
2021-01-16$160,000 · $102/SF
2016-02-22$175,500 · $112/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,659/mo
Property address41016 161st St E, Lancaster, CA 93535
3 bed2 bath1,402 sq ft$1.9/SF
Leased Jun 1, 2025
Subject difference
  • 171 SF smaller
Research comparison noteSimilar size and condition; smaller lot
02Monthly rent$2,500/mo
Property address41116 E 159th St, Lancaster, CA 93535
3 bed2 bath1,400 sq ft$1.78/SF
Leased May 15, 2025
Subject difference
  • 173 SF smaller
Research comparison noteSimilar size and condition; smaller lot
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Property listed at $575,000 ($366 per sq. ft.)
  • Assessed value for 2025 is $194,837 with annual taxes of $2,609
  • Recent comparable sales support current valuation
  • Potential for additional income through ADU conversion of barn
  • Located in a rural community with access to local amenities

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly obtained
  • Assess condition of barn for potential ADU conversion
  • Professional home inspection
  • Review local zoning regulations for ADU conversion
Highlights & features

What stands out about this property.

Interior Features

  • 3 bedrooms, 2 bathrooms
  • 1,573 sq. ft. single-story layout
  • Fully renovated: new kitchen and modern bathrooms
  • Updated flooring throughout
  • Central heating and central air
  • Stucco construction, shingle roof
  • No basement

Exterior & Lot

  • 10.06-acre level parcel
  • 1,300 sq. ft. barn with ADU conversion potential
  • Frontage on 150th Street East
  • Well water and septic system
  • Propane gas service
  • Ample on-site parking (estimated 55 spaces)
  • Light Agricultural zoning (LCA11*)

Location & Neighborhood

  • Lake Los Angeles neighborhood of Lancaster (Los Angeles County)
  • Nearby parks: Lake Los Angeles Park, Stephen Sorensen Park
  • Lake Los Angeles Community Center within 3 miles
  • Rural residential and agricultural surroundings
  • Part of the Los Angeles-Long Beach-Anaheim MSA

Walkability & Recreation

  • Walkability Rating: 25/100 — Car-Dependent
  • Lake Los Angeles Park (approx. 2.5 miles)
  • Stephen Sorensen Park (approx. 3.0 miles)
  • Lake Los Angeles Community Center (approx. 2.7 miles)
  • Large private acreage suitable for equestrian or hobby farming
  • Nearby open space and rural trails for walking and ATVs
  • Community recreation facilities within short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Compass listing for 41016 150th St EView source
2
Zillow listing for 41016 150th St EView source
3
Realtor.com listing for 41016 150th St EView source
4
Coldwell Banker listing for 41016 150th St EView source
5
Homes.com listing for 41016 150th St EView source
6
PropertySimple listing for 41016 E 150th StreetView source
7
LandWatch listing for 41016 E 150th StreetView source
8
Weichert listing for 41016 E 150th StreetView source
9
Trulia listing for 150th St EView source
10
Redfin listing for 41016 161st St EView source
11
Redfin listing for 41116 E 159th StView source
12
Los Angeles County Board of Supervisors documentView source
13
Antelope Valley Watermaster 2022 Annual ReportView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.