1620 E Avenue Q10, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 1 bath
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Palmdale, California 93550
This Modernized Value-Add Residence is a High-Potential Investment Opportunity, listed at $350,000—positioned well below the $390,652 Fair Market Value by 10%. This valuation gap provides $40,652 in Instant Equity. Featuring a recently remodeled kitchen and a Condition Rating of 3, the home offers immediate functionality alongside an expansive 6,928-square-foot pie-shaped lot with significant ADU potential. The versatile unpermitted suite and city lights view enhance the property's utility. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1620 E Avenue Q10 Subject | $350,000* List Price | 3 | 1 | 1,125 | $353 | - |
A 38363 Rosemarie Sold | $338,000 | 3 | 1 | 1,053 | $321 | 0.2 mi |
B 1347 E Avenue R3 Sold | $418,900 | 3 | 2 | 1,083 | $387 | 0.5 mi |
C 38318 17th Street East Sold | $412,000 | 3 | 1 | 1,053 | $391 | 0.1 mi |
D 38718 Jacklin Sold | $365,000 | 3 | 1 | 983 | $371 | 0.8 mi |
E 38648 21st E Sold | $334,000 | 3 | 1 | 1,014 | $329 | 0.7 mi |
F 1814 E Avenue Q10 Active | $445,000 List Price | 3 | 1 | 1,181 | $377 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property features a recently remodeled kitchen with modern cabinetry, stone countertops, and updated flooring throughout. The bathroom has been refreshed with a newer vanity and toilet. While some systems like the wall heater and popcorn ceilings remain dated, the home is well-maintained, functional, and move-in ready.
The home features a recently remodeled kitchen that provides a fresh, contemporary feel, making it move-in ready for culinary activities and entertaining.
Situated on a unique 6,928-square-foot pie-shaped lot, the property offers significant outdoor space for potential expansion, landscaping, or ADU possibilities.
The inclusion of an additional room and bathroom provides flexible options for a home office or guest quarters, maximizing the utility of the 1,125-square-foot layout.
The additional room and bathroom are believed to be unpermitted, which may present challenges regarding financing, appraisal value, or future permitting requirements.
With only one permitted bathroom for a three-bedroom home built in 1952, the property may face functional obsolescence for larger families or modern buyer expectations.
Set on a desirable pie-shaped lot, this charming property offers a unique combination of space, flexibility, and potential. Featuring three bedrooms and one bathroom across approximately 1,125 square feet, the home is thoughtfully laid out to provide comfortable everyday living. Natural light fills the interior, creating a warm and inviting atmosphere throughout, while the recently remodeled kitchen adds a fresh, modern touch perfect for daily use and entertaining. An additional room and bathroom—believed to be unpermitted—offer added versatility, ideal for a home office, guest space, or creative use. The expansive lot provides ample outdoor space with room to expand, entertain, or customize to your needs, and an attached two-car garage adds both convenience and functionality. With its distinctive lot shape and added possibilities, this property presents a compelling opportunity for both homeowners and investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,125 | 1,493 | 18% |
| Lot Size | 6,928 | 7,073 | 37% |
| Price | $350.0K | $450.0K | 7% |
| Price per sq ft | $311 | $311 | 50% |
| Built year | 1952 | 1984 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 159 | 3% |
Apr 21, 2026
$350,000
Initial Listing
Sep 19, 1996
$44,000
Public Record