257 E Avenue Q4, Palmdale, California 93550, Palmdale, 93550 - 5 bed, 3 bath
257 E Avenue Q4
Palmdale, California 93550
Property Price
SUMMARY
Analysis of 257 E Avenue Q4, Palmdale, California 93550 reveals a property with a current list price of $375,000, which is 40% above the estimated $222,809 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
This property, built in 1956, suffered a severe fire in early 2024 and is currently 'Red Tagged,' indicating it is unsafe and unlivable. The images clearly show extensive fire damage, including charred roof joists, collapsed ceilings, and widespread debris throughout the interior. The structural integrity is severely compromised, making the property beyond repair in its current state and likely requiring demolition or a complete structural rebuild. Its value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Investor Opportunity
Explicitly marketed as an 'INVESTORS* * CASH ONLY !' property, appealing to buyers seeking high-potential renovation projects.
- Desirable Location
The listing highlights a 'Great Location in Palmdale,' suggesting favorable community access or positioning.
- Private Swimming Pool
Features a swimming pool, a sought-after amenity that adds value and recreational appeal post-restoration.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1568, other record living area = 1268. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Severe Fire Damage & Red Tagged
The property was red-tagged due to a fire in early 2024, rendering it uninhabitable and requiring extensive, costly repairs and re-permitting.
- Cash-Only Transaction
The 'CASH ONLY!' requirement significantly narrows the buyer pool, as traditional mortgage financing is not an option.
About 257 E Avenue Q4
**INVESTORS* * CASH ONLY ! Great Location in Palmdale @ 257 E Avenue Q4 Palmdale 92550 with a POOL. Caught fire early 2024 and is Red Tagged. Records shows 1,269 S.F. 3 Beds 2 Bath , but it is a 5 Bed 3 Baths with approximately 1,568 Sq Ft.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,696 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,568 | 1,526 | 56% |
| Lot Size | 6,696 | 7,163.5 | 28% |
| Price | $375.0K | $455.0K | 16% |
| Price per sq ft | $239 | $298 | 17% |
| Built year | 1956 | 1985 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 190 | 5% |
Pricing History
Listed for Sale
Jan 16, 2026
$375,000
$400,000
-6% Price Drop
Initial Listing
Price Change
Jan 2, 2026
$400,000
Initial Listing
Sold
May 10, 2010
$65,000
Public Record
Sold
Oct 22, 2003
$165,000
Public Record
Sold
Oct 18, 1995
$78,000
Public Record