
Palmdale, California 93591
This Spacious Commuter-Friendly Home is a High-Potential Investment Opportunity, listed at $420,000—positioned well below the $433,884 Fair Market Value by 3%. This valuation gap offers $13,884 in Instant Equity for buyers. Currently in Fair Condition, the property boasts a massive 27,373 sqft Lot, stunning Mountain Views, and a versatile Enclosed Patio. Located near Highway 138 in the Antelope Valley Union district, it balances significant value-add potential with commuter convenience. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17307 Longmeadow Subject | $420,000* List Price | 3 | 2 | 1,402 | $287 | - |
A 40166 178th Street E Sold | $380,000 | 4 | 2 | 1,248 | $304 | 0.8 mi |
B 40140 Ridgemist Street Sold | $400,000 | 3 | 2 | 1,800 | $222 | 0.6 mi |
C 39345 167th Street East Sold | $405,000 | 4 | 2 | 1,300 | $312 | 0.8 mi |
D 40182 179th E Sold | $385,000 | 3 | 2 | 1,320 | $292 | 0.9 mi |
E 17208 Rawhide Avenue Sold | $397,000 | 3 | 2 | 1,134 | $350 | 0.4 mi |
F 17394 Laredo Vista Active | $389,999 List Price | 3 | 2 | 1,402 | $278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is nearly 40 years old. While functional, the kitchen features dated tiled countertops, older cabinets, and fluorescent lighting, despite some updated stainless steel appliances. Bathrooms also show their age with older vanities and fixtures. The interior has worn carpeting and popcorn ceilings. The absence of a central cooling system is a significant drawback. The home is aged but appears maintained, fitting the 'fair' category which suggests it requires minor updates and modernization, with major components being functional but outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27373, living area = 1402.
The property boasts a substantial 27,373 sqft (0.63 acre) lot, offering ample outdoor space, privacy, and potential for various uses or future expansion.
Strategically located 'right at the entry of town and close by the 138 Highway,' making it highly convenient for commuters.
Built in 1985, the home is nearly 40 years old, suggesting that major systems, finishes, or appliances may be original or dated, potentially requiring future investment for modernization.
The description mentions a fireplace but does not indicate the presence of an air conditioning system, which could be a significant drawback during Palmdale's hot summer months.
While commuter-friendly to Highway 138, the specific location in Lake Los Angeles might be perceived as more remote or less developed compared to central Palmdale, potentially impacting access to certain amenities and limiting buyer appeal for some.
Welcome to Lake Los Angeles. This 3 bed 2 bath home has much to offer. Right at the entry of town and close by the 138 Highway, perfect for commuters. Fully enclosed back patio by the kitchen that could be used as a bedroom, extra storage or office room. With a big open living room with a fire place, primary bedroom with two closets, 2 good size bedrooms and 2 full bathrooms. Property comes with 3 sheds, a lot of mature trees and it's cross-fenced. Don't miss this opportunity.
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 | 1,402 | 1,311 | 64% |
| Lot Size | 27,373 | 27,718 | 50% |
| Price | $420.0K | $396.0K | 77% |
| Price per sq ft | $300 | $300 | 50% |
| Built year | 1985 | 1985 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 166 | 23% |
Feb 5, 2026
$420,000
Initial Listing
Jun 5, 2023
$350,000
Public Record
Nov 19, 2012
$92,000
Public Record
Apr 7, 2003
$136,900
Public Record