
Palmdale, California 93550
This property presents a High-Potential Investment Opportunity with a List Price of $409,000—positioned well below the $420,000 Fair Market Value by 2%. This valuation gap offers $11,000 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), the home requires a full rehab, but the 9,673 sq ft lot and detached 3-car garage provide significant ADU potential. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project with flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37755 Lasker Subject | $409,000* List Price | 3 | 2 | 2,106 | $199 | - |
A 37863 17th E Sold | $361,000 | 3 | 2 | 1,452 | $249 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 with no evidence of recent renovations, making the systems and interiors over 50 years old. The kitchen and bathrooms are significantly outdated with original-style cabinetry, laminate counters, and linoleum flooring. The listing explicitly identifies the property as an investor flip project that needs TLC and a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9673, living area = 2106.
The detached 3-car garage presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, offering potential for rental income or increased property value.
The nearly 10,000 sq ft lot includes a long concrete driveway and a fully enclosed block wall, providing ample space and security for RVs, boats, and multiple vehicles.
The property is explicitly listed as needing 'TLC,' which may deter traditional buyers and require substantial upfront capital for repairs and modernization.
With 53 days on the market and a recent price reduction, the property may be facing challenges regarding its initial valuation or perceived condition relative to the neighborhood.
Investor Opportunity - Spacious Single-Story on a Huge Lot! Unlock the potential in this single-story home offering 2,106 sq ft of flexible living space. Currently configured as 3 bedrooms and 2 baths, the property also includes a large front room and an additional smaller room that could easily function as a 4th bedroom, office, or bonus space. Sitting on an impressive 9,670 sq ft lot, this property provides endless possibilities. A detached 3-car garage offers excellent storage or workshop space and presents a future ADU opportunity for added income potential. The long concrete driveway runs from the front of the property to the backyard and garage--perfect for RV parking, boats, trailers, and all your toys. The yard is fully enclosed with a block wall for privacy and security. Whether you're looking for a flip project, rental investment, or a property to customize, this home is ready for your vision. Needs TLC--contact the listing agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,106 | 1,492 | 89% |
| Lot Size | 9,673 | 7,066 | 86% |
| Price | $409.0K | $455.0K | 24% |
| Price per sq ft | $194 | $310 | 3% |
| Built year | 1970 | 1984 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 156 | 10% |
May 23, 2026
$409,000
$420,000
-3% Price Drop
Initial Listing
Mar 31, 2026
$420,000
Initial Listing