38520 12th E, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
38520 12th E
Palmdale, California 93550
Property Price
SUMMARY
Analysis of 38520 12th E, Palmdale, California 93550 reveals a Prime Investment Opportunity with a current list price of $499,000—significantly undercutting the $522,761 Fair Market Value by 4%. This valuation gap indicates a +$23,761 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38520 12th E Subject | $499,000* List Price | 3 | 2 | 1,454 | $360 | - |
A 38756 16th Place E Sold | $385,000 | 3 | 1 | 1,010 | $381 | 0.5 mi |
B 37857 Melton Sold | $455,000 | 4 | 2 | 1,150 | $396 | 0.9 mi |
C 1347 E Avenue R3 Active | $435,000 List Price | 3 | 2 | 1,083 | $402 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property has undergone a comprehensive interior renovation, featuring brand-new flooring, fresh paint, modern fixtures, and a fully updated kitchen with new appliances and contemporary bathrooms. This makes it move-in ready and aesthetically excellent. However, the original construction year of 1957 and the lack of specified updates to major systems (HVAC, plumbing, electrical) prevent it from achieving an 'Excellent' score, as these underlying components may not be new or within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12767, living area = 1454.
- Comprehensive Interior Renovation
The property has been beautifully rehabbed with brand-new flooring, fresh paint throughout, and modern fixtures, offering a contemporary and move-in ready living space.
- Generous Lot Size
A spacious 12,767 sq ft lot provides ample room for outdoor activities and significant personal space.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-09-24. The sold price is $350,000.00.
- Original Construction Age
Built in 1957, the property's core structure is over 60 years old, which may imply potential for older underlying systems not explicitly mentioned as updated.
- Absence of Scenic Views
The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing specific scenic or desirable outlooks.
About 38520 12th E
Welcome to the perfect Palmdale home! This beautifully rehabbed property sits on a spacious 12,767 sq ft lot, offering plenty of room for outdoor activities and future expansions. Inside, you'll find brand-new flooring, fresh paint throughout, and modern fixtures that bring a contemporary touch to every room. The kitchen is open and has plenty of cabinet space throughout with new appliances. Don't miss out on this gem that combines comfort, style, and ample space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 12,767 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,454 | 1,519 | 45% |
| Lot Size | 12,767 | 7,176.5 | 89% |
| Price | $499.0K | $455.0K | 64% |
| Price per sq ft | $343 | $300 | 71% |
| Built year | 1957 | 1985 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 190 | 5% |
Pricing History
Listed for Sale
Jan 8, 2026
$499,000
Initial Listing
Sold
Sep 24, 2025
$350,000
Public Record
Sold
Mar 4, 2010
$100,000
Public Record
Sold
May 31, 2002
$105,500
Public Record
Sold
Jul 12, 1996
$6,000
Public Record