1058 E Avenue R2, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath
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1058 E Avenue R2
Palmdale, California 93550
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,265Sq Ft
7,816Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$470,623
4% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $449,000—positioned well below the $470,623 Fair Market Value by 4%. This valuation gap offers $21,623 in Instant Equity. Featuring a Condition Rating of 3, the home includes recent upgrades like a new HVAC system and windows. The large corner lot with a private swimming pool provides significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Estimated Market Value
$470,623+$21,623 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1058 E Avenue R2 Subject | $449,000* List Price | 4 | 2 | 1,265 | $372 | - |
A 37923 Melton Sold | $450,000 | 4 | 2 | 1,263 | $356 | 0.5 mi |
B 1620 E Avenue Q10 Sold | $355,000 | 3 | 1 | 1,125 | $316 | 0.7 mi |
C 37521 Larkin Sold | $470,000 | 3 | 2 | 1,079 | $436 | 0.8 mi |
D 1347 E Avenue R3 Sold | $418,900 | 3 | 2 | 1,083 | $387 | 0.3 mi |
E 37944 37944 Melton Sold | $452,000 | 4 | 2 | 1,150 | $393 | 0.6 mi |
F 321 E Avenue R11 Sold | $428,000 | 3 | 2 | 1,125 | $380 | 0.9 mi |
G 1252 E Avenue R6 Sold | $410,000 | 3 | 2 | 1,493 | $275 | 0.4 mi |
H 350 E Avenue R11 Sold | $455,000 | 3 | 2 | 1,079 | $422 | 0.9 mi |
I 1211 E Avenue R3 Pending | $449,900 List Price | 3 | 2 | 1,083 | $415 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1950, the home has undergone significant recent renovations including a 3-year-old HVAC system, all-new windows, and updated wood-look tile flooring throughout. The interior is freshly painted and move-in ready, though the unlandscaped dirt yard and the age of the primary structure keep it from an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7816, living area = 1265.
- Recent Capital Improvements
The property features significant recent upgrades including all-new windows, a new sliding glass door, and a central HVAC system that is only approximately three years old, reducing immediate maintenance costs for the buyer.
- Private Outdoor Amenities
Situated on a desirable corner lot, the home offers a private swimming pool and a spacious backyard, providing a premium outdoor setting for recreation and entertainment that is highly sought after in the Palmdale climate.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1950, the home's age may necessitate future investments in older plumbing, electrical, or structural components that are common in properties of this era despite recent cosmetic updates.
- Compact Room Dimensions
With four bedrooms configured within 1,265 square feet, the individual room sizes and common living areas may feel constrained, potentially limiting furniture options and storage for larger families.
About 1058 E Avenue R2
Welcome to this charming 4-bedroom, 2-bathroom home featuring 1,265 sq. ft. of comfortable living space on a desirable corner lot. The home features all-new windows and a new sliding glass door. The primary bedroom includes a sliding glass door with direct access to the backyard and private swimming pool. The spacious backyard and pool provide an inviting outdoor setting for relaxation and recreation. Inside, enjoy central A/C and heating approximately 3 years old, along with an enclosed patio providing versatile additional space for entertaining or everyday use. The property also includes a 2-car garage. Conveniently located with easy access to schools, freeways, shopping, and everyday amenities. Enjoy comfortable living with convenient access to all that Palmdale has to provide.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,816 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,265 | 1,908.528 |
| Lot Size | 7,816 | 7,579.892 |
| Price | $449.0K | $528.1K |
| Price per sq ft | $355 | $281 |
| Built year | 1950 | 1990 |
| HOA | $0 | $99 |
| Days on market | 16 | 70 |
Pricing History
Listed for Sale
Aug 24, 2026
$449,000
Initial Listing
Sold
Aug 12, 2019
$267,000
Public Record
Sold
Oct 31, 2017
$240,000
Public Record