37513 Penara, Palmdale, California 93552, Palmdale, 93552 - 2 bed, 2 bath
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Palmdale, California 93552
This Value-Add Residential Asset serves as a Competitive Market Entry with a List Price of $374,950, positioned near the $358,937 Fair Market Value. Featuring an expansive 7,978 Sq. Ft. Lot, the property offers exceptional outdoor utility and significant expansion potential. While the Dated Condition Rating suggests a need for system modernizations and cosmetic updates, the open-concept layout provides a solid foundation for forced appreciation. Located in the Palmdale High School District, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37513 Penara Subject | $374,950* List Price | 2 | 2 | 1,062 | $338 | - |
A 4015 Triton Sold | $365,000 | 2 | 2 | 1,062 | $344 | 0.2 mi |
B 4044 Belleshire Sold | $370,000 | 3 | 2 | 1,284 | $288 | 0.3 mi |
C 38143 42nd Street E Sold | $430,000 | 3 | 2 | 1,384 | $311 | 0.9 mi |
D 38115 41st Street E Sold | $450,000 | 3 | 2 | 1,045 | $431 | 0.8 mi |
E 4034 E Avenue R6 Sold | $435,000 | 3 | 2 | 1,202 | $362 | 0.8 mi |
F 38053 Pinion Court Active Under Contract | $385,000 List Price | 2 | 2 | 1,045 | $368 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the property falls into the dated category. While the description claims it is move-in ready, the age suggests original systems (HVAC/Electric) are near the end of their life cycle. The exterior photo shows deferred maintenance with an overgrown yard and debris, indicating a need for minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7978, living area = 1062.
Priced at $374,950, this property represents a highly accessible entry point into the Southern California residential market, offering strong value for first-time buyers.
The generous 7,978 square foot lot provides significant outdoor space for entertaining, gardening, or potential future property expansion, which is a premium for a home of this size.
At 1,062 square feet, the interior living space is relatively modest, which may limit appeal for growing families or buyers requiring a dedicated home office.
A significant discrepancy exists between the 4-bedroom description and the 2-bedroom data field, which may lead to buyer confusion or indicate potential issues with permitted living space.
Beautifully maintained 4-bedroom, 3-bath home located in a desirable East Palmdale neighborhood. This spacious property features an open-concept layout with abundant natural light, a large kitchen with ample cabinet space, and a generous primary suite with walk-in closet. Enjoy a private backyard perfect for entertaining, relaxing, or future customization. Conveniently located near schools, parks, shopping, and commuter access. A fantastic opportunity to own a move-in ready home in a growing community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,062 | 1,925 | 5% |
| Lot Size | 7,978 | 7,104 | 84% |
| Price | $374.9K | $500.0K | 4% |
| Price per sq ft | $353 | $270 | 95% |
| Built year | 1992 | 1990 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 145 | 2% |
May 6, 2026
$374,950
Initial Listing