37618 Dalzell, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath

37618 Dalzell, Palmdale, California 93550 home-pic-0
ACTIVE UNDER CONTRACT$390,000
37618 Dalzell, Palmdale, California 93550
4Beds
2Baths
1,629Sqft
6,634Lot

Price Vs. Estimate

The estimated value ($286,320.585) is $103,679.415 (26%) lower than the list price ($390,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Potential: Explicitly marketed as an 'Investment Opportunity' for flipping or personal customization, appealing to a specific buyer segment looking to add value.
Top Cons:
Age and Implied Condition: Built in 1971, the property is over 50 years old, and the description's emphasis on 're-imagined and transformed' strongly suggests it requires significant updates and renovations, implying an outdated or 'as-is' condition.

Compared to the nearby listings

Price:$390.0K vs avg $465.0K ($-75,000)15%
Size:1,629 sqft vs avg 1,510.5 sqft61%
Price/sqft:$239 vs avg $30613%

More Insights

Built in 1971 (54 years old).
Condition: The property was built in 1971, making it 53 years old. The MLS description explicitly markets it as an 'Investment Opportunity' and a 'canvas' to be 're-imagined and transformed,' indicating a need for significant renovation. The images confirm this: the kitchen features severely outdated dark wood cabinets, tiled countertops and backsplash, and older appliances. The bathroom also shows very dated fixtures, vanity, and lighting. Carpets appear worn, and overall finishes are old. While the structure doesn't appear to be beyond repair, the property requires substantial repairs and rehabilitation to meet modern living standards, particularly in the kitchen and bathrooms, aligning with the 'poor' condition criteria.
Year Built
1971
Close
-
List price
$390K
Original List price
$390K
Price/Sqft
$239
HOA
-
Days on market
-
Sold On
-
MLS number
SR25263292
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

East Palmdale Investment Opportunity! This 4 Bed 2 Bath, 1,629sqft home is ready to be re-imagined and transformed into the forever home of someone's dreams! Highlights of this home include, a large living room with fireplace, large kitchen and combined dining area and a spacious primary bedroom with its own sizable bathroom. Outside there are 2 patio options, one fully covered and one lattice covered, both accessible from the living room, kitchen and primary bedroom, making this a great layout for families and entertaining. Whether investing to flip or to handcraft for your own, this home is the canvas you have been looking for. Come see it today and explore the possibilities.

Price History

Date
Event
Price
01/03/94
Sold
$108,000
Condition Rating
Poor

The property was built in 1971, making it 53 years old. The MLS description explicitly markets it as an 'Investment Opportunity' and a 'canvas' to be 're-imagined and transformed,' indicating a need for significant renovation. The images confirm this: the kitchen features severely outdated dark wood cabinets, tiled countertops and backsplash, and older appliances. The bathroom also shows very dated fixtures, vanity, and lighting. Carpets appear worn, and overall finishes are old. While the structure doesn't appear to be beyond repair, the property requires substantial repairs and rehabilitation to meet modern living standards, particularly in the kitchen and bathrooms, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Investment Potential: Explicitly marketed as an 'Investment Opportunity' for flipping or personal customization, appealing to a specific buyer segment looking to add value.
Functional Floor Plan: Features a 'large living room with fireplace, large kitchen and combined dining area, and a spacious primary bedroom with its own sizable bathroom,' suggesting a practical and comfortable layout for daily living.
Outdoor Entertainment Space: Offers '2 patio options, one fully covered and one lattice covered,' enhancing outdoor living and entertaining possibilities, accessible from multiple rooms.
Desirable Bedroom/Bathroom Count: A 4-bedroom, 2-bathroom configuration is highly sought after by families, providing ample space and functionality.
Opportunity for Customization: Described as a 'canvas' ready to be 're-imagined and transformed,' offering buyers the chance to personalize the home to their taste and potentially increase its market value.

Cons

Age and Implied Condition: Built in 1971, the property is over 50 years old, and the description's emphasis on 're-imagined and transformed' strongly suggests it requires significant updates and renovations, implying an outdated or 'as-is' condition.
Required Renovation Investment: The need for re-imagining and transformation implies substantial financial investment and effort for potential buyers, which could be a barrier for those seeking move-in ready homes.
Lack of Modern Amenities: Given its age and the description's focus on renovation potential, the property likely lacks modern amenities and energy-efficient features common in newer homes, which could lead to higher operating costs or further renovation needs.

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