38447 26th E, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 1 bath
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Palmdale, California 93550
Analysis of 38447 26th E, Palmdale, California 93550 is currently available with a list price of $699,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950, this property is 74 years old with no indication of significant renovations. The MLS description explicitly notes the 'Age of Structure (1950)' as a weakness, stating it 'potentially requiring significant updates, renovations, or repairs to meet modern standards or commercial operational needs.' While tenant-occupied, suggesting it's currently livable, the lack of interior images and the age strongly imply that the kitchen, bathroom, and major systems are severely outdated and require substantial rehabilitation to be functional and comfortable by modern standards. The property's value appears to be primarily in its large lot and commercial zoning, not the existing structure's condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60544, living area = 927.
The property benefits from PDC3 zoning, offering significant flexibility for commercial use and development, making it highly attractive to small business owners or investors.
With over 60,000 sqft (approx. 1.39 acres), the large lot provides ample space for expansion, additional structures, parking, or diverse commercial operations.
The property is tenant-occupied, which may present challenges for immediate owner-occupancy, property showings, or redevelopment plans, requiring careful negotiation and planning.
Built in 1950, the existing residential structure is older, potentially requiring significant updates, renovations, or repairs to meet modern standards or commercial operational needs.
The current list price of $899,000 represents a substantial increase from its last sale of $210,000 in 2018, necessitating thorough market analysis to justify its current valuation.
Great property for small business owner , zoning: PDC3. for more information check with the Building and safety dept. Tenant Occupied.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 927 | 1,506 | 5% |
| Lot Size | 60,544 | 7,073 | 93% |
| Price | $699.0K | $455.0K | 95% |
| Price per sq ft | $754 | $310 | 99% |
| Built year | 1950 | 1984 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 146 | 156 | 43% |
May 2, 2026
$699,000
$899,000
-22% Price Drop
Initial Listing
Jan 11, 2026
$899,000
Initial Listing
Jan 9, 2018
$210,000
Public Record
Dec 18, 2000
$84,000
Public Record