
Palmdale, California 93550
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $462,995 Fair Market Value by -6%. While the property is in Fair Condition Rating, the 4-bed, 3-bath tri-level layout and 6,541 sq. ft. lot offer significant value-add potential through ADU conversion. The lack of HOA fees and proximity to Antelope Valley Union schools enhance its long-term utility. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1860 Ivory Subject | $495,000* List Price | 4 | 3 | 1,690 | $291 | - |
A 37001 Zinnia Street Sold | $479,000 | 4 | 3 | 1,690 | $283 | 0.2 mi |
B 1617 La Palma Sold | $450,000 | 3 | 2 | 1,554 | $290 | 0.5 mi |
C 37024 Boxleaf Road Sold | $425,000 | 3 | 2 | 1,228 | $346 | 0.3 mi |
D 2225 Hurley Way Sold | $550,000 | 4 | 2 | 1,782 | $309 | 0.5 mi |
E 2509 Joshua Hills Sold | $450,000 | 3 | 3 | 1,765 | $255 | 0.7 mi |
F 36815 Spanish Broom Drive Sold | $440,000 | 3 | 2 | 1,296 | $340 | 0.9 mi |
G 37031 Firethorn Street Sold | $450,000 | 3 | 2 | 1,228 | $366 | 0.3 mi |
H 36937 Firethorn Active | $475,000 List Price | 4 | 3 | 1,690 | $281 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994 (32 years old), the property is described as a 'blank canvas' and sold 'As-Is,' indicating original kitchen and baths that need updating. While it features new paint and is move-in ready, the age of the systems and dated interior, combined with an unlandscaped yard, align with the Fair criteria for homes over 20 years needing minor repairs and modernization.
The property offers significant value-add opportunities with a 2-car garage suitable for ADU conversion and a large lot that accommodates detached secondary units using pre-approved city plans for a streamlined permit process.
The unique 4-bedroom, 3-bathroom tri-level floor plan provides excellent separation of space, featuring a private upstairs primary suite and main-floor bedrooms ideal for multi-generational living or a home office.
Situated in a prime Palmdale neighborhood with no monthly HOA fees, this home offers a cost-effective lifestyle with easy access to major freeways, schools, and shopping centers.
The property is being sold strictly in its current condition and is described as a 'blank canvas,' indicating that buyers should budget for immediate repairs or cosmetic renovations to realize its full potential.
A rapid price adjustment from the original listing price suggests the property may have been initially overvalued or requires a more aggressive price point to offset the investment needed for upgrades.
Priced to move! Huge upside potential awaiting your personal touches! This highly sought-after 4-bed, 3-bath tri-level layout in Palmdale offers the perfect blend of comfort and functionality. Imagine building instant equity in a prime neighborhood. It is the perfect launchpad for a family’s future or a smart addition to an investor's portfolio. This warm, inviting 4-bedroom, 3-bathroom blank canvas delivers 1,690 square feet of incredible structural bones, an expansive 6,541 sq. ft. lot with massive backyard potential, and a commuter-friendly location with no HOA fees. Enjoy a bright kitchen, two distinct living areas, and an expansive patio deck perfect for indoor/outdoor entertaining. Complete with an indoor laundry room, new paint, and a spacious backyard, this move-in ready home is a commuter’s dream near freeways, schools, and shopping. This is a home designed to grow with you. From the moment you step into the bright entrance foyer, you will feel the warmth of a unique tri-level layout that gives everyone their own space to thrive. Whether you are a first-time homebuyer looking for the perfect place to raise a family, or an investor seeking a high-demand property that practically rents itself, this home checks every single box. The 2-car garage is ripe for an attached ADU conversion, and there is plenty of yard space for a detached secondary unit. Skip the lengthy design phase and save thousands by using the City of Palmdale Pre-Approved ADU Standard Plans for a streamlined permit process. The heart of the home features a sun-filled kitchen that bridges two separate living areas. Imagine hosting holiday dinners in the formal dining room, then winding down for cozy movie nights by the family room fireplace. The main-floor 3 bedrooms and full bath offer the ultimate setup for multi-generational living, a private home office, or a welcoming guest suite. Upstairs, the primary suite serves as a quiet, restful retreat at the end of a busy day. Outside, the large backyard and expansive patio deck are ready-made for summer BBQs, children's playtime, and weekend relaxation. Nestled in a peaceful, established neighborhood, you are just minutes away from schools like Palm Tree Elementary, Desert Willow Magnet Academy, and Palmdale High School, as well as local parks, shopping, and easy freeway access for a smooth commute. Schedule your private tour before it is gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,690 | 1,908.528 |
| Lot Size | 6,541 | 7,579.892 |
| Price | $495.0K | $528.1K |
| Price per sq ft | $293 | $281 |
| Built year | 1994 | 1990 |
| HOA | $0 | $99 |
| Days on market | 34 | 70 |
Aug 7, 2026
$495,000
Initial Listing
Aug 6, 2026
$520,000
Initial Listing
Jun 6, 2008
$210,000
Public Record
Dec 2, 2005
$365,000
Public Record