
Palmdale, California 93550
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $332,707 Fair Market Value by -12%. While the property requires significant capital for modernization, its Condition Rating of 5 and generous 6,066-square-foot lot provide a blank canvas for value-add renovations. Located in the Palmdale school district with proximity to essential commuter routes, this asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a short sale transaction to unlock long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38321 Rosemarie Street Subject | $375,000* List Price | 3 | 1 | 1,053 | $316 | - |
A 38363 Rosemarie Sold | $338,000 | 3 | 1 | 1,053 | $321 | 0.1 mi |
B 38337 17th Street E Sold | $365,000 | 2 | 1 | 900 | $406 | 0.1 mi |
C 38648 21st E Sold | $334,000 | 3 | 1 | 1,014 | $329 | 0.6 mi |
D 1561 Georgetown Avenue Sold | $430,000 | 3 | 2 | 1,085 | $396 | 0.9 mi |
E 2125 Bramble Lane Sold | $420,000 | 3 | 2 | 1,397 | $301 | 0.7 mi |
F 38725 Jacklin Pending | $399,990 List Price | 3 | 1 | 1,014 | $394 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (>70 years old), this property is marketed as a short sale 'as-is' renovation opportunity for investors. While some interior flooring appears updated, the presence of window AC units and a ground-mounted mini-split suggests the primary HVAC systems are outdated or non-functional. The lack of kitchen/bath photos and the explicit call for renovation indicate significant rehab is required to address its age and likely deferred maintenance.
Positioned as a short sale with strong upside potential, this property offers a significant opportunity for investors or buyers looking to build equity through renovation and customization.
The home is conveniently situated near local schools, shopping centers, dining, and major commuter access, making it an attractive option for families and professionals alike.
Featuring a 6,066-square-foot lot, the property provides ample outdoor space for potential landscaping, expansions, or the addition of an accessory dwelling unit (ADU).
The sale is subject to lender approval, which typically involves a more complex and time-consuming closing process compared to a standard residential transaction.
Sold in as-is condition with limited photography available, the property likely requires significant repairs or modernization, necessitating additional upfront capital from the buyer.
Short sale opportunity with strong upside potential in Palmdale. Property offers a spacious layout, generous lot size, and convenient location near schools, shopping, dining, and commuter access. Ideal opportunity for buyers looking to customize, renovate, or invest. Property to be sold as-is and subject to lender approval. Limited photography available at this time. Buyer and buyer’s agent are advised to independently verify all information, including square footage, permits, condition, and any additions or modifications to the property. Great value and opportunity with long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,053 | 1,908.528 |
| Lot Size | 6,066 | 7,579.892 |
| Price | $375.0K | $528.1K |
| Price per sq ft | $356 | $281 |
| Built year | 1952 | 1990 |
| HOA | $0 | $99 |
| Days on market | 111 | 70 |
Jul 17, 2026
$375,000
$399,999
-6% Price Drop
Initial Listing
May 21, 2026
$399,999
Initial Listing
Apr 23, 2025
$580,000
Public Record
Dec 5, 2024
$305,000
Public Record
Sep 20, 2004
$205,000
Public Record
Apr 7, 2004
$112,500
Public Record