38434 Pond Avenue, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath
ACTIVE$350,000
38434 Pond Avenue, Palmdale, California 93550
4Beds
2Baths
1,280Sqft
7,800Lot
Price Vs. Estimate
The estimated value ($291,858.12) is $58,141.88 (16%) lower than the list price ($350,000). This property may be overpriced.
Key pros and cons
Top Pros:
Renovation Potential: The property is described as having 'great bones and strong potential,' making it ideal for buyers looking to renovate and customize, offering significant upside for value appreciation.
Top Cons:
Requires Significant Renovation: The property explicitly 'needs work,' indicating that buyers should anticipate substantial investment in repairs, upgrades, and modernization to bring it to current standards.
Compared to the nearby listings
Price:$350.0K vs avg $465.0K ($-115,000)4%
Size:1,280 sqft vs avg 1,507.5 sqft30%
Price/sqft:$273 vs avg $30630%
More Insights
Built in 1956 (69 years old).
Condition: The property, built in 1956, is explicitly described as needing 'work' and being 'perfect for buyers looking to renovate.' The images confirm this, showing extremely dated and worn conditions throughout. The kitchen features original-style dark wood cabinets, old laminate countertops, and a very outdated fluorescent light fixture. The bathrooms are equally dated with basic wall-mounted sinks, old shower enclosures, and strip lighting. Flooring throughout consists of heavily worn vinyl/linoleum or stained carpet. While the description mentions 'great bones,' the visible components are severely outdated and show significant wear, requiring substantial repairs and rehabilitation to meet modern living standards.
Year Built
1956
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$273
HOA
-
Days on market
-
Sold On
-
MLS number
SR25187218
Home ConditionPoor
Features
ViewNeighborhood
About this home
This 4 bedroom, 2 bathroom home offers 1,280 square feet of living space on a spacious 7,800 square foot lot. With a 2 car garage and a large backyard, there is plenty of room to grow, entertain, or create the outdoor space of your dreams. The home needs work, but it has great bones and strong potential. It is perfect for buyers looking to renovate and make it their own. Located in a solid Palmdale neighborhood close to schools, shopping, and commuter routes. Bring your vision and see what this home can become. Great layout, great lot, great opportunity.
Condition Rating
Poor
The property, built in 1956, is explicitly described as needing 'work' and being 'perfect for buyers looking to renovate.' The images confirm this, showing extremely dated and worn conditions throughout. The kitchen features original-style dark wood cabinets, old laminate countertops, and a very outdated fluorescent light fixture. The bathrooms are equally dated with basic wall-mounted sinks, old shower enclosures, and strip lighting. Flooring throughout consists of heavily worn vinyl/linoleum or stained carpet. While the description mentions 'great bones,' the visible components are severely outdated and show significant wear, requiring substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Renovation Potential: The property is described as having 'great bones and strong potential,' making it ideal for buyers looking to renovate and customize, offering significant upside for value appreciation.
Spacious Lot & Backyard: A generous 7,800 square foot lot with a large backyard provides ample space for outdoor living, entertaining, or future expansion possibilities.
Desirable Location: Situated in a solid Palmdale neighborhood, the home offers convenient access to schools, shopping, and major commuter routes, enhancing its appeal for families and professionals.
Functional Layout: The property boasts a 'great layout' for its 4 bedrooms and 2 bathrooms, providing a practical and livable floor plan that can be modernized.
Two-Car Garage: The inclusion of a two-car garage offers valuable parking, storage, and potential for a workshop area.
Cons
Requires Significant Renovation: The property explicitly 'needs work,' indicating that buyers should anticipate substantial investment in repairs, upgrades, and modernization to bring it to current standards.
Age of Property: Built in 1956, the home is older, which may suggest outdated systems (plumbing, electrical, HVAC), finishes, and potential for deferred maintenance that will need addressing.
Modest Living Space: With 1,280 square feet for 4 bedrooms, the living space is relatively modest, which might feel constrained for larger families or those desiring more expansive common areas.