3148 Melvin, Rosamond, CA 93560, Rosamond, 93560 - 3 bed, 2 bath
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3148 Melvin
Rosamond, CA 93560
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,349Sq Ft
8,055Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$422,334
6% AboveMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $450,000—positioned well above the $422,334 Fair Market Value by 6%. While the property requires cosmetic updates given its Condition Rating of 4, the generous 8,055 sq ft lot and leased solar panels provide significant long-term utility. The home features a functional layout with mountain views, offering a stable foundation for value-add improvements. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with commuter-friendly access.
Estimated Market Value
$422,334
Based on Realkey algorithm analyzing recent comparable sales in Rosamond.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3148 Melvin Subject | $450,000* List Price | 3 | 2 | 1,349 | $313 | - |
A 3125 Edwards Sold | $430,000 | 4 | 2 | 1,522 | $283 | 0.1 mi |
B 3432 Starjet St Street Sold | $400,000 | 3 | 2 | 1,433 | $279 | 0.5 mi |
C 3113 Myrtle Avenue Sold | $344,750 | 2 | 2 | 906 | $381 | 0.0 mi |
D 2716 Westland Drive Sold | $389,000 | 3 | 2 | 1,330 | $292 | 0.4 mi |
E 3113 Myrtle Sold | $344,750 | 2 | 2 | 906 | $381 | 0.0 mi |
F 3456 Starjet Street Sold | $425,000 | 4 | 2 | 1,497 | $284 | 0.5 mi |
G 3456 Starjet Sold | $425,000 | 4 | 2 | 1,497 | $284 | 0.5 mi |
H 3425 Topgun Street Sold | $390,000 | 4 | 2 | 1,349 | $289 | 0.4 mi |
I 3230 Rodney Street Pending | $399,900 List Price | 3 | 2 | 1,349 | $296 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 35 years old (built 1989) and retains mostly original features. The kitchen and bathrooms are functional but dated, featuring older cabinetry and white appliances. While the HVAC and water heater appear maintained and the home includes solar panels, the interior finishes—including worn carpeting and popcorn ceilings—require cosmetic updates and minor repairs to meet modern standards.
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 = 8055, living area = 1349.
- Financial Efficiency
The property offers significant monthly savings with no Mello-Roos or HOA fees, complemented by leased solar panels that reduce energy costs.
- Prime Westside Location
Situated in the highly desirable Westside of Rosamond, the home features scenic mountain views and excellent commuter access to Edwards AFB and Los Angeles County.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8055, other record lot size in square feet = 7840.
- Solar Lease Obligation
The solar panels are leased rather than owned, requiring the buyer to assume the existing contract and monthly payments as part of the purchase.
- Recent Price Appreciation
The property is listed at $450,000 after being purchased for $410,000 just a year ago, which may lead to appraisal scrutiny or buyer resistance regarding the rapid markup.
About 3148 Melvin
Welcome to this desert gem situated on a generous lot in the highly desirable Westside of Rosamond. Offering 3 bd, 2 full bths and 1349 sq ft of comfortable living space. This home seamlessly combines functional design with low-maintenance desert living. Step inside to a bright and open layout, a cozy fireplace in the primary living area. The kitchen has a breakfast bar for casual meals and entertaining. Ceiling fans are thoughtfully placed throughout to ensure year round comfort. The spacious primary suite serves as a relaxing retreat, with a generous walk-in closet. The front yard boasts a low-maintenance desert landscape. Plus, equipped with leased solar panels offer valuable energy savings. Conveniently located local schools, parks and freeway access for an easy commuter route to Edwards AFB or Los Angeles County. No Mello-Roos or HOA!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 8,055 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 |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,349 | 1,540.024 |
| Lot Size | 8,055 | 7,118.537 |
| Price | $450.0K | $421.6K |
| Price per sq ft | $334 | $272 |
| Built year | 1989 | 1993 |
| HOA | $0 | $0 |
| Days on market | 47 | 73 |
Pricing History
Listed for Sale
Jul 24, 2026
$450,000
Initial Listing
Sold
Aug 28, 2023
$410,000
Public Record
Sold
May 25, 2012
$113,500
Public Record
Sold
Aug 13, 2007
$250,000
Public Record