
Palmdale, California 93551
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $575,000—positioned above the $503,268 Fair Market Value. While the property requires capital for updates due to its Condition Rating of 5, the expansive 7,864 sqft lot and versatile floor plan—featuring a first-floor den and upstairs loft—provide significant upside for forced appreciation. This asset is well-suited for Value-Add Investors or Contractors capable of modernizing the dated systems and finishes to capture the neighborhood's full market potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38257 San Mateo Subject | $575,000* List Price | 3 | 3 | 1,901 | $265 | - |
A 38339 38339 San Mateo Avenue Sold | $500,000 | 3 | 3 | 1,901 | $263 | 0.1 mi |
B 38242 7th W Sold | $475,000 | 3 | 2 | 1,772 | $268 | 0.4 mi |
C 435 Questa Court Active Under Contract | $498,999 List Price | 5 | 3 | 2,309 | $216 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (38 years old), the property exceeds the 30-year threshold for the poor category without evidence of a full renovation. While functional, the bathrooms feature dated vanities and fixtures, the HVAC system appears aged, and the exterior shows signs of deferred maintenance including a weathered fence and unfinished stucco patching.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7864, living area = 1901.
The inclusion of both a first-floor den and an upstairs loft provides exceptional flexibility for a home office, playroom, or additional family living areas.
Situated on a generous 7,864 square foot lot, the property offers significant outdoor space for recreation, gardening, or potential future enhancements.
Built in 1986, the home may require updates to its original systems or cosmetic finishes to align with modern buyer preferences.
The property listing indicates no specific views, which may be a drawback for buyers looking for the mountain or desert vistas common in the region.
Welcome to this spacious 3 bedroom, 3 bathroom home offering approximately 1,901 square feet of comfortable living space. The home features a den on the first floor, providing an ideal space for a home office, study, or additional living area. Upstairs, you'll find a loft, perfect for a family room, entertainment area, playroom, or home office. The thoughtfully designed floor plan provides plenty of space for everyday living and entertaining. Situated on a spacious lot in a desirable Palmdale neighborhood, this home is Conveniently located near Shopping, dining, parks, schools, and major transportation routes. Don't miss this opportunity to make 38257 San Mateo Ave your new home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,901 | 1,908.528 |
| Lot Size | 7,864 | 7,579.892 |
| Price | $575.0K | $528.1K |
| Price per sq ft | $302 | $281 |
| Built year | 1986 | 1990 |
| HOA | $0 | $99 |
| Days on market | 12 | 70 |
Aug 28, 2026
$575,000
Initial Listing
Sep 27, 2024
$415,000
Public Record