3243 E Avenue R4, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
3243 E Avenue R4
Palmdale, California 93550
Property Price
SUMMARY
Analysis of 3243 E Avenue R4, Palmdale, California 93550 reveals a Fairly Priced Property with a current list price of $399,000 aligned with the estimated $404,895 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 |
|---|---|---|---|---|---|---|
★ 3243 E Avenue R4 Subject | $399,000* List Price | 3 | 2 | 1,136 | $356 | - |
A 38249 Gunton Sold | $400,000 | 3 | 2 | 1,040 | $385 | 0.6 mi |
B 37707 Dixie Drive Sold | $465,000 | 3 | 2 | 1,470 | $316 | 0.2 mi |
C 566 E Avenue R8 Active | $499,000 List Price | 3 | 2 | 1,229 | $406 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1992 build that appears to retain most of its original finishes, including dated tile countertops, oak cabinetry, and older white appliances. While the home is functional and clean, the interior shows signs of age and requires cosmetic modernization in the kitchen, bathrooms, and flooring to meet current market 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 = 7006, living area = 1136.
- Versatile Parking & Lot Size
The property features a generous 7,006 sqft lot with dedicated RV and extra parking, providing significant utility for homeowners with multiple vehicles or outdoor equipment.
- Prime Commuter Location
Situated in an established neighborhood with convenient access to major commuter routes, schools, and shopping, making it an ideal choice for busy professionals and families.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
At 1,136 square feet, the interior living space is relatively compact for a three-bedroom residence, which may feel restrictive for larger families or those requiring spacious rooms.
- Potential for Modernization
The listing suggests an opportunity to 'personalize,' indicating that the home may require additional capital investment for cosmetic updates or modern upgrades to reach its full market potential.
About 3243 E Avenue R4
Charming single-story traditional home offering 3 bedrooms and 2 full baths with an open and functional floorplan. Light-filled living room with cozy fireplace flows into an eat-in kitchen with room for casual dining. Interior living space connects seamlessly to outdoor areas, perfect for relaxing or entertaining. Situated on a generous lot in an established Palmdale neighborhood, this home offers RV/extra parking, a two-car garage, and convenient access to schools, parks, shopping and major commuter routes. Great opportunity to personalize and capture value in a solid-built residence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 7,006 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 | 1,136 | 1,519 | 19% |
| Lot Size | 7,006 | 7,163.5 | 38% |
| Price | $399.0K | $455.0K | 23% |
| Price per sq ft | $351 | $300 | 74% |
| Built year | 1992 | 1985 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 190 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$399,000
Initial Listing
Sold
Aug 25, 2023
$420,000
Public Record