1617 La Palma, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
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Palmdale, California 93550
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $424,950—positioned well below the $430,153 Fair Market Value by 1%. This valuation gap offers $5,203 in Instant Equity for the incoming owner. While maintaining a Condition Score of 4 with original 1986 finishes, the home features a functional open-concept layout and an expansive 7,485 sqft lot with a private patio. Located in the Antelope Valley Union district, it balances immediate utility with significant appreciation potential. This is a strategic acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 La Palma Subject | $450,000 | 3 | 2 | 1,554 | $290 | - |
A 1611 Avon Court Sold | $425,000 | 3 | 3 | 1,452 | $293 | 0.6 mi |
B 1250 Bexley Ave Sold | $515,000 | 4 | 3 | 1,942 | $265 | 0.3 mi |
C 1252 E Avenue R6 Sold | $410,000 | 3 | 2 | 1,493 | $275 | 0.8 mi |
D 37411 Sheffield Drive Active | $499,000 List Price | 3 | 3 | 1,663 | $300 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property is in mostly original condition and shows its age through dated features such as popcorn ceilings, older carpeting, and bathrooms with 1980s-style tile countertops and cabinetry. While the home appears clean and functional, it lacks recent renovations or modern upgrades, making it a prime candidate for cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7485, living area = 1554.
The property features a substantial 7,485 sqft lot with a spacious backyard, offering significant potential for outdoor entertaining, landscaping, or future expansion.
With 1,554 sqft of living area and an open-concept layout, the home provides a practical and airy environment suitable for modern family living.
Built in 1986, the property may require updates to its original systems and cosmetic finishes to meet contemporary aesthetic and efficiency standards.
The listing lacks mention of recent high-end renovations or premium features, which may necessitate additional buyer investment to compete with modernized homes in the market.
Welcome to this inviting Palmdale home offering comfort, space, and opportunity! Featuring a bright and open living area, a practical layout, and a spacious backyard ready for your vision—whether it’s entertaining, relaxing, or expanding. Conveniently located near shopping, dining, and easy freeway access, this home blends everyday convenience with long-term potential. Don’t miss your chance to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,554 | 1,492 | 57% |
| Lot Size | 7,485 | 7,095 | 66% |
| Price | $450.0K | $450.0K | 50% |
| Price per sq ft | $290 | $309 | 38% |
| Built year | 1986 | 1984 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 180 | 1% |
Apr 8, 2026
$424,950
Initial Listing
Dec 10, 2012
$155,000
Public Record
Oct 15, 2004
$271,000
Public Record
Mar 14, 2002
$128,000
Public Record
Dec 31, 1998
$9,500
Public Record