
Palmdale, California 93550
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $429,999—positioned well above the $367,428 Fair Market Value by 17%. While priced above market, the property offers significant value-add potential through its ADU potential and detached studio, providing a Condition Rating of 3. The modernized kitchen and solar panels enhance immediate utility. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38512 30th E Subject | $429,999* List Price | 3 | 1 | 930 | $395 | - |
A 38609 32nd Street E Sold | $400,000 | 3 | 1 | 1,064 | $376 | 0.3 mi |
B 38648 21st E Sold | $334,000 | 3 | 1 | 1,014 | $329 | 0.9 mi |
C 38642 Jacklin Avenue Sold | $439,000 | 3 | 2 | 1,112 | $395 | 1.0 mi |
D 38466 Landon Avenue Sold | $400,000 | 3 | 2 | 1,141 | $351 | 0.7 mi |
E 38609 Ladelle Avenue Active Under Contract | $350,000 List Price | 3 | 1 | 983 | $356 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone significant updates including a modernized kitchen and the installation of solar panels and a mini-split HVAC system. The home appears well-maintained, functional, and move-in ready, fitting the criteria for a recent renovation within the last 5-15 years.
The detached garage offers significant ADU potential, complemented by an additional studio space, providing excellent opportunities for rental income or multi-generational living.
The home features a recently updated kitchen designed for both style and functionality, offering immediate value and a move-in-ready experience for the buyer.
A generous 6,544 sqft lot provides ample parking and flexible outdoor space, accommodating a home office, gym, or creative studio setup.
At only 930 square feet for a three-bedroom layout, the interior living areas and bedrooms may feel restrictive for larger families or those requiring more storage.
Originally built in 1954, the property may require more frequent maintenance or updates to aging mechanical and structural systems compared to newer builds.
Welcome to this beautiful Palmdale home offering comfort, versatility, and income potential all in one! Conveniently located near major shopping centers, dining, schools, and everyday amenities, this property is perfect for homeowners and investors alike. This charming home features 3 spacious bedrooms and 2 bathrooms, along with an updated kitchen designed for both functionality and style. Step outside to find a detached garage with excellent ADU potential, creating an incredible opportunity for multigenerational living, guest quarters, or future rental income. Adding even more flexibility, the property also includes a studio ideal for a home office, creative space, gym, or additional living area. With a generous lot, ample parking, and endless possibilities, this is a property you won't want to miss. Live in one space and create income with the other -- the possibilities are endless!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 930 | 1,506 | 5% |
| Lot Size | 6,544 | 7,069 | 24% |
| Price | $430.0K | $452.0K | 36% |
| Price per sq ft | $462 | $310 | 99% |
| Built year | 1954 | 1984 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 158 | 1% |
May 30, 2026
$429,999
Initial Listing
Mar 2, 2021
$293,500
Public Record
Mar 16, 2018
$208,000
Public Record
Apr 22, 2011
$60,000
Public Record
Apr 19, 2000
$73,000
Public Record