
Palmdale, California 93550
This Updated Single-Family Residence is a Prime Investment Opportunity, listed at $429,900—positioned well below the $452,132 Fair Market Value by 4%. This valuation gap provides $22,232 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the home features a Custom Kitchen, New AC System, and Mountain Views. The expansive 8,303 Sq Ft Lot includes a Spa, Gazebo, and significant ADU Potential within the Antelope Valley Union District. This is an ideal acquisition for Owner-Occupants or first-time buyers looking to build immediate wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38457 Glenbush Avenue Subject | $429,900* List Price | 3 | 2 | 1,299 | $351 | - |
A 38466 Landon Avenue Sold | $400,000 | 3 | 2 | 1,141 | $351 | 0.5 mi |
B 37944 29th Street E Sold | $465,000 | 3 | 2 | 1,239 | $375 | 0.7 mi |
C 38633 Glenbush Avenue Sold | $405,000 | 3 | 2 | 1,056 | $384 | 0.2 mi |
D 38727 Lemsford Sold | $427,000 | 4 | 2 | 1,303 | $328 | 0.3 mi |
E 38632 Lemsford Avenue Pending | $460,000 List Price | 4 | 2 | 1,278 | $360 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant updates within the last 18 months, including a custom-designed kitchen, wood-like flooring, new double-pane windows, and a new air conditioning system. Although originally built in 1957, the recent improvements to major systems and interior aesthetics, combined with well-maintained features like walk-in closets and a gazebo with a hot tub, align with the 'good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8303, living area = 1299.
The property features significant high-value improvements within the last 18 months, including new double-pane windows (2024), a new air conditioning system, and updated fencing, ensuring immediate comfort and energy efficiency.
Situated on an expansive 8,300+ square foot lot, the property offers excellent potential for future value-add projects such as a swimming pool or an Accessory Dwelling Unit (ADU) to maximize investment returns.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8303, other record lot size in square feet = 8232.
Built in 1957, the home may possess aging core systems typical of its era, such as original plumbing or electrical components, which may require future capital expenditure beyond the recent cosmetic and HVAC updates.
At 1,299 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces may feel somewhat constrained for buyers prioritizing large, open-concept common areas.
Charming Three Bedroom Two BathsHome in the heart of Palmdale on a large 8,300+ lot. New (2024) doublepane windows. The front entry opens to a expansive Living Room leadind to the Custom designed Kitchen with ample cabinet space and Pantry and Dining area. Large Closet Laundry space with washer & Dryer. Three confortable large Bedrooms all with walking closets, one full Bath and one 3/4 bath off the center hallway with plenty of storage space. Wood-like floors. The kitchen opens to the backyard delightful retreat exterior Gazebo Hot tub area. Located Near schools, shopping, golf and entertainment. Excellent opportunity & potential for a pool or for future ADU's (buyer to verify). Many updates including new (Double pane windows, air conditioning)system, North side fence.) made in the last 18 months. A must see to appreciate!
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 | 1,299 | 1,468 | 38% |
| Lot Size | 8,303 | 7,172 | 78% |
| Price | $429.9K | $450.0K | 40% |
| Price per sq ft | $331 | $309 | 63% |
| Built year | 1957 | 1984 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 182 | 3% |
Mar 3, 2026
$429,900
Initial Listing
May 30, 2024
$420,000
Public Record
Jun 20, 1994
$70,000
Public Record