3509 E Avenue R12, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
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Palmdale, California 93550
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $397,742 Fair Market Value by 8%. While the property requires capital investment due to its Condition Rating of 5, the 1,300 sqft floor plan includes a versatile bonus room with fireplace and a spacious backyard. This asset is ideal for Buy-and-Hold Investors or Contractors capable of modernizing the aging infrastructure to capture long-term rental demand in the Palmdale school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3509 E Avenue R12 Subject | $430,000* List Price | 2 | 2 | 1,300 | $306 | - |
A 37005 Justin Court Sold | $455,000 | 3 | 2 | 1,229 | $370 | 0.6 mi |
B 37137 26th Street E Sold | $414,500 | 3 | 2 | 1,190 | $348 | 1.0 mi |
C 3006 Via Primero Sold | $430,000 | 3 | 2 | 1,232 | $349 | 0.7 mi |
D 37513 Rosewood Active | $390,000 List Price | 2 | 2 | 1,300 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1984, making it 42 years old. With no mention of recent renovations in the description, it falls into the >30-year category. Based on the age and lack of updates, the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original or outdated, requiring significant rehab per the provided criteria.
The inclusion of a bonus room with a fireplace provides flexible square footage that can easily serve as a home office, den, or guest area, adding significant utility to the 1,300 sqft layout.
The ranch-style floor plan offers excellent accessibility and ease of maintenance, making it a highly desirable option for first-time buyers and those looking to downsize.
A sliding glass door leads directly from the living area to a sizable backyard, creating a seamless transition for outdoor entertaining and maximizing the use of the 5,023 sqft lot.
With only two primary bedrooms, the property may face a smaller buyer pool compared to the more common three-bedroom configurations found in the Palmdale residential market.
Built in 1984, the home may require capital investment for modernizing aesthetic finishes or updating original mechanical systems to meet contemporary buyer expectations.
A Cozy Single Story two bedrooms and two baths, two car garage home with a bonus room and fireplace, walk right outside through the sliding door into a nice size backyard; Upgraded remodeled Kitchen with Kitcken Nook; Gas Stove; Stand alone Vanity in the Master bedroom; Carpet in both bedrooms and Grey wood/tile flooring throughout the home; Dishwasher; Laundry hook-up in the garage; New Air Conditioning and Heating Unit with a 10 year warranty. Don't Miss out on this newly price gem. Schedule your viewing Today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,300 | 1,950 |
| Lot Size | 5,023 | 7,525 |
| Price | $430.0K | $526.3K |
| Price per sq ft | $331 | $278 |
| Built year | 1984 | 1989 |
| HOA | $0 | $119 |
| Days on market | 6 | 69 |
Jul 16, 2026
$430,000
Initial Listing
May 30, 2000
$81,000
Public Record