
Palmdale, California 93550
This Value-Add Condominium Asset presents a strategic entry into the Palmdale market with a List Price of $265,000. While currently priced above the $232,275 Fair Market Value, the unit’s generous 1,316 sqft layout and Condition Rating of 5 offer substantial upside for forced appreciation through interior updates. Located near the 14 Freeway within the Antelope Valley Union district, the property is primed for high rental occupancy and long-term stability. This asset is best suited for Buy-and-Hold Investors or Contractors looking to build equity in a commuter-friendly location.
Property is extensive renovation needed.
Built in 1989 (37 years old), the property exceeds the 30-year threshold for original condition. The listing explicitly states it 'needs some TLC' and is an 'opportunity to add value,' which are standard indicators for a rehab project. The visible exterior HVAC unit appears aged, and the property likely requires significant updates to the kitchen, baths, and systems to be considered modern or move-in ready.
Priced competitively at $265,000, this property offers significant upside for investors or DIY homeowners looking to build equity through renovations and 'TLC'.
With 1,316 square feet of living space and a functional 3-bedroom layout, this unit provides more room than many comparable condominiums in the Palmdale area.
The property is conveniently located near the 14 Freeway and local shopping centers, making it an ideal choice for commuters and those seeking easy access to amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1476, other record lot size in square feet = 1530. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1316, other record living area = 832. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The unit requires cosmetic and potentially structural updates, which will necessitate additional immediate capital investment from the buyer to reach its full potential.
The $440 monthly association fee is a significant recurring expense that may impact the overall affordability and net ROI for potential investors.
Charming 3-bedroom, 2-bath condominium offering a great opportunity for homeowners and investors alike! This spacious unit features a functional layout and generous living areas, ready for your personal touch. While the property does need some TLC, it presents incredible potential to truly make it your own or transform it into a strong rental investment. Currently tenant-occupied. Conveniently located near shopping centers, dining, and with easy access to the 14 Freeway, making commuting a breeze. Don't miss this chance to add value and create something special--this is the opportunity you've been waiting for!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 853 | 88% |
| Lot Size | 1,476 | 1,503 | 50% |
| Price | $265.0K | $268.8K | 50% |
| Price per sq ft | $201 | $304 | 13% |
| Built year | 1989 | 1988 | 63% |
| HOA | $440.0 | $392 | 75% |
| Days on market | 34 | 164 | 13% |
Apr 27, 2026
$265,000
Initial Listing
Dec 9, 2008
$53,000
Public Record
Jan 3, 2006
$185,000
Public Record
Apr 27, 1998
$25,000
Public Record