3140 E Avenue Q15, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
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Palmdale, California 93550
This Value-Add Single Family Residence offers an Affordable Entry Point into the Palmdale market with a List Price of $347,000, positioned near its $331,095 Fair Market Value. Currently holding a Fair Condition Rating, the property features Aging Infrastructure and a dated exterior that present a clear opportunity for forced appreciation through strategic modernization. The Balanced Bed-to-Bath Ratio and strong historical growth trends make this a viable project for Fix-and-Flip Investors or first-time buyers looking to build equity within the Palmdale High School district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3140 E Avenue Q15 Subject | $347,000* List Price | 2 | 2 | 978 | $339 | - |
A 3646 E Avenue R10 Sold | $370,000 | 2 | 2 | 1,300 | $285 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this property falls into the 'fair' category due to its age and the visible condition of the exterior. While the home features a relatively fresh coat of paint, the driveway shows significant cracking and the architectural style is dated. The absence of interior photos often suggests an outdated interior, and the listing's own analysis highlights 'aging infrastructure' that likely requires modernization of major systems and cosmetic updates to meet current market standards.
Priced competitively at $347,000, this property offers an excellent opportunity for first-time homebuyers or investors to enter the Palmdale market at an accessible price point.
Featuring two full bathrooms for its two bedrooms, the home provides a highly functional and private layout that is often preferred over standard 2-bed/1-bath configurations.
The property demonstrates a strong historical sales record with consistent price growth over the last decade, indicating solid long-term investment potential.
With under 1,000 square feet of living space and a modest 3,515 square foot lot, the property may feel restrictive for growing families or those requiring significant outdoor space.
Built in 1970, the residence is over 50 years old and may require capital improvements or modernization of major systems to meet contemporary efficiency standards.
Exceptional opportunity in Palmdale. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 978 | 1,452 | 8% |
| Lot Size | 3,515 | 7,123 | 1% |
| Price | $347.0K | $450.0K | 9% |
| Price per sq ft | $355 | $309 | 72% |
| Built year | 1970 | 1984 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 188 | 1% |
Mar 27, 2026
$347,000
Initial Listing
Oct 27, 2022
$310,000
Public Record
Jun 25, 2019
$223,000
Public Record
Apr 8, 2019
$97,500
Public Record
Aug 24, 2011
$72,000
Public Record