2627 E Avenue Q15, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
2627 E Avenue Q15
Palmdale, California 93550
Property Price
SUMMARY
Analysis of 2627 E Avenue Q15, Palmdale, California 93550 reveals a Fairly Priced Property with a current list price of $499,000 aligned with the estimated $492,965 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2627 E Avenue Q15 Subject | $499,000* List Price | 3 | 2 | 1,680 | $293 | - |
A 37916 E 26th Sold | $430,000 | 3 | 2 | 1,600 | $269 | 0.1 mi |
B 3133 Viana Sold | $485,000 | 4 | 3 | 1,567 | $310 | 0.6 mi |
C 37944 29th Street E Sold | $465,000 | 3 | 2 | 1,239 | $375 | 0.3 mi |
D 37739 Cardiff Sold | $385,000 | 4 | 3 | 1,698 | $227 | 0.6 mi |
E 2258 Gregory Avenue Sold | $415,000 | 3 | 2 | 1,406 | $295 | 0.6 mi |
F 3110 Viana Dr Active | $439,000 List Price | 3 | 2 | 1,417 | $310 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this home has received some updates, such as granite countertops and backsplash in the kitchen, updated bathroom vanities, and laminate flooring in the bedrooms. The central HVAC and recently updated water heater are positives. However, the main living area and kitchen feature dated tile flooring, the kitchen appliances are white and not modern, and lighting fixtures (e.g., fluorescent kitchen lights, strip lights in master bath) are outdated. Popcorn ceilings are also visible. The backyard requires significant landscaping. While functional and maintained, the property requires minor cosmetic updates to align with contemporary styles and preferences, placing it in the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7475, living area = 1680.
- Flexible Floor Plan & Potential
The open floor plan, spacious family room with a fireplace, and a versatile game/office room offering a potential 4th bedroom provide excellent adaptability for various lifestyle needs.
- Key Modern Upgrades & Features
Equipped with a central HVAC system, a recently updated water heater, a durable tile roof, and a dedicated EV charging outlet, enhancing comfort, efficiency, and modern appeal.
CONSRISKS & DEFICIENCIES
- Absence of Scenic Views
The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or unique outlooks.
- Potential for Dated Interiors
Built in 1989, while some systems are updated, the interior finishes (e.g., kitchen, bathrooms) may be original or require cosmetic updates to meet contemporary buyer preferences.
- Recent Price Adjustment
A recent price reduction from $510,000 to $499,000 could indicate initial overpricing or a longer market time, potentially raising buyer questions about value or market perception.
About 2627 E Avenue Q15
Welcome to this inviting single-story home in a desirable Palmdale neighborhood! Featuring 3 bedrooms and 2 bathrooms, this residence offers approximately 1,680 sq. ft. of comfortable living space on a generous 7,473 sq. ft. lot. The open floor plan is highlighted by a spacious family room with a cozy fireplace, perfect for relaxing or entertaining. A versatile game/office room provides the option for a 4th bedroom. The home includes a tile roof, central HVAC system and recently updated water heater. Home also features a 2-car garage with an automatic door opener and dedicated EV charging outlet, offering convenience for electric vehicle owners. Step outside to enjoy a large backyard with a covered patio, ideal for gatherings and outdoor living. A side-yard storage shed adds convenience. Located near shopping centers with easy access to the 14 Freeway, this property combines comfort and convenience. Don’t miss out schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 7,475 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,680 | 1,526 | 61% |
| Lot Size | 7,475 | 7,176.5 | 62% |
| Price | $499.0K | $455.0K | 64% |
| Price per sq ft | $297 | $298 | 49% |
| Built year | 1989 | 1985 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 202 | 191 | 54% |
Pricing History
Listed for Sale
Dec 21, 2025
$499,000
$510,000
-2% Price Drop
Initial Listing
Price Change
Aug 16, 2025
$510,000
Initial Listing