38539 35th Street E, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath

38539 35th Street E, Palmdale, California 93550 home-pic-0
ACTIVE UNDER CONTRACT$399,990
38539 35th Street E, Palmdale, California 93550
4Beds
2Baths
1,288Sqft
7,403Lot

Price Vs. Estimate

The estimated value ($325,115.595) is $74,874.405 (18%) lower than the list price ($399,990). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7403, living area = 1288.
Top Cons:
Age and Required Updates: Built in 1957, the property's age and description as needing 'TLC' suggest potential for significant renovation costs and updates to meet modern standards.

Compared to the nearby listings

Price:$400.0K vs avg $465.0K ($-65,010)16%
Size:1,288 sqft vs avg 1,510.5 sqft29%
Price/sqft:$311 vs avg $30652%

More Insights

Built in 1957 (68 years old).
Condition: Built in 1957, this property is explicitly described as needing 'TLC and your personal flair,' indicating substantial renovation is required. The kitchen features highly dated tile countertops, older cabinets, and an older range. The bathroom has a very dated vanity, sink, and shower enclosure. Main living areas have dated tile flooring, and cooling is provided by a wall-mounted AC unit, lacking central HVAC. These factors point to a property requiring significant repairs and rehabilitation to meet modern living standards and comfort.
Year Built
1957
Close
-
List price
$400K
Original List price
$435K
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
SR25153025
Home ConditionPoor
Features
Patio
View-

About this home

Comfort, Convenience & Creativity Welcome to a charming Palmdale ranch that’s ready to become your personal sanctuary. Outside, a mature shade tree casts welcome shade over a private, fenced front yard. The covered backyard patio invites relaxed afternoons, while the expansive open space begs for your landscape vision. Inside and out, this home is a canvas. Positioned near the highly regarded Palmdale Aerospace Academy and quick-access commuting, retail, and recreational spots, you get home value built right into neighborhood convenience. Don’t miss your chance—book your showing and imagine what this space could become with a little TLC and your personal flair.

Condition Rating
Poor

Built in 1957, this property is explicitly described as needing 'TLC and your personal flair,' indicating substantial renovation is required. The kitchen features highly dated tile countertops, older cabinets, and an older range. The bathroom has a very dated vanity, sink, and shower enclosure. Main living areas have dated tile flooring, and cooling is provided by a wall-mounted AC unit, lacking central HVAC. These factors point to a property requiring significant repairs and rehabilitation to meet modern living standards and comfort.
Pros & Cons

Pros

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 = 7403, living area = 1288.
Excellent Location: The property boasts a prime location near the highly regarded Palmdale Aerospace Academy and offers quick access to commuting routes, retail centers, and recreational spots.
Outdoor Living Amenities: Features include a private, fenced front yard with a mature shade tree and a covered backyard patio, providing inviting spaces for relaxation and outdoor enjoyment.
Generous Lot Size: An expansive 7403 sqft lot offers significant open space, presenting a great opportunity for extensive landscaping and outdoor customization.
Customization Potential: Described as a 'canvas' needing 'TLC and your personal flair,' this home is ideal for buyers looking to personalize and add significant value through renovations.
Charming Ranch Style: The property is characterized as a 'charming Palmdale ranch,' offering a classic and desirable architectural style.

Cons

Age and Required Updates: Built in 1957, the property's age and description as needing 'TLC' suggest potential for significant renovation costs and updates to meet modern standards.
Overpriced Relative to Estimated Value: The current listing price of $399,990 is considerably higher than the estimated property value of $325,115.595, potentially indicating it is overvalued in the current market.
Lack of Scenic Views: The property does not offer any special views, which might be a drawback for buyers prioritizing scenic surroundings.

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