2057 W Avenue O, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 3 bath
ACTIVE$675,000
2057 W Avenue O, Palmdale, California 93551
5Beds
3Baths
2,816Sqft
105,670Lot
Price Vs. Estimate
The estimated value ($483,085.435) is $191,914.565 (28%) lower than the list price ($675,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 105670, living area = 2816.
Top Cons:
Requires Significant Updating: The property explicitly 'may benefit from updating,' indicating that substantial investment in renovations for finishes, fixtures, and potentially systems will be necessary to modernize the home.
Compared to the nearby listings
Price:$675.0K vs avg $625.0K (+$50,000)66%
Size:2,816 sqft vs avg 2,363 sqft72%
Price/sqft:$240 vs avg $27225%
More Insights
Built in 1947 (78 years old).
Condition: The property was built in 1947, making it 77 years old. The listing description explicitly states the home 'may benefit from updating,' and the property analysis highlights 'Requires Significant Updating' and 'Potential for High Renovation Costs.' While the exterior images don't show major structural issues, the age of the property combined with the need for 'significant updating' strongly suggests that major systems (electrical, plumbing, HVAC) and interior finishes, especially the kitchen and bathrooms, are severely outdated and likely require substantial repairs and rehabilitation to meet modern standards. No interior photos are provided to assess the current condition of these critical areas, but the overall context points to a property needing extensive work.
Year Built
1947
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$240
HOA
-
Days on market
-
Sold On
-
MLS number
25595343
Home ConditionPoor
Features
Good View:
Deck
Pool
View
About this home
This expansive 2,816 sq ft home offers 5 generous bedrooms and 3 bathrooms, designed with a comfortable and versatile layout perfect for family living. Featuring two fireplaces, one in the living room and another in the family room. The home provides both charm and warmth for gatherings and quiet evenings alike. While the home may benefit from updating, it boasts a great floor plan with excellent potential. The property sits on a sprawling 2.4-acre lot, opening the door to endless opportunities for outdoor enjoyment, future enhancements, or potential uses under its LCA22 zoning. With its size and space, this home offers the ideal blend of privacy, function, and possibility.
Nearby schools
4/10
Summerwind Elementary School
Public,•K-5•1.5mi
5/10
Esperanza Elementary School
Public,•K-6•1.5mi
4/10
Valley View Elementary School
Public,•K-6•2.7mi
3/10
David G. Millen Intermediate
Public,•6-8•1.6mi
7/10
Hillview Middle School
Public,•6-8•2.4mi
5/10
Joe Walker Middle School
Public,•6-8•4.3mi
2/10
Innovations Academy Of Palmdale
Public,•K-8•6.4mi
3/10
Highland High School
Public,•9-12•2.3mi
6/10
Quartz Hill High School
Public,•9-12•5.1mi
4/10
Lancaster High School
Public,•9-12•5.5mi
Condition Rating
Poor
The property was built in 1947, making it 77 years old. The listing description explicitly states the home 'may benefit from updating,' and the property analysis highlights 'Requires Significant Updating' and 'Potential for High Renovation Costs.' While the exterior images don't show major structural issues, the age of the property combined with the need for 'significant updating' strongly suggests that major systems (electrical, plumbing, HVAC) and interior finishes, especially the kitchen and bathrooms, are severely outdated and likely require substantial repairs and rehabilitation to meet modern standards. No interior photos are provided to assess the current condition of these critical areas, but the overall context points to a property needing extensive work.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 105670, living area = 2816.
Expansive Lot Size & Zoning Potential: A sprawling 2.4-acre lot (105,670 sq ft) offers exceptional privacy, extensive outdoor enjoyment, and significant potential for future enhancements or diverse uses under its LCA22 zoning.
Generous Living Space: With 2,816 sq ft, 5 bedrooms, and 3 bathrooms, the home provides ample space for large families or multi-generational living, ensuring comfort and versatility.
Strong Foundation & Layout: The property boasts a 'great floor plan with excellent potential,' providing a solid structural and functional base for buyers to personalize and update.
Charming Fireplaces: Two distinct fireplaces, one in the living room and another in the family room, enhance the home's character and provide inviting spaces for relaxation and gatherings.
Potential for Value Appreciation: Given the large lot, generous square footage, and the opportunity for updating, there is significant potential for buyers to add substantial value through strategic renovations and landscaping.
Cons
Requires Significant Updating: The property explicitly 'may benefit from updating,' indicating that substantial investment in renovations for finishes, fixtures, and potentially systems will be necessary to modernize the home.
Age of Construction: Built in 1947, the home's age suggests that major systems such as plumbing, electrical, and HVAC may be original or outdated, potentially leading to higher maintenance costs or the need for costly replacements.
Potential for High Renovation Costs: Given the size of the home (2,816 sq ft) and the need for comprehensive updating, the total cost of necessary renovations could be substantial, impacting the overall investment for a buyer.