38550 22nd E 16, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath
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Palmdale, California 93550
This Updated Four-Bedroom Townhouse represents a High-Potential Investment Opportunity, listed at $289,900—positioned well below the $335,028 Fair Market Value by 13%. This valuation gap provides $45,128 in Instant Equity for the incoming owner. The interior holds a Good Condition Rating, featuring a remodeled kitchen with quartz countertops, new appliances, and fresh paint throughout. With a rare downstairs bedroom and full bath, the layout offers high utility within the Antelope Valley Union district. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset with immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38550 22nd E 16 Subject | $289,900* List Price | 4 | 2 | 1,342 | $250 | - |
A 2260 Q4 Avenue E 70 Sold | $300,000 | 4 | 2 | 1,443 | $208 | 0.1 mi |
B 38550 22nd E Active | $289,900 List Price | 4 | 2 | 1,342 | $216 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready featuring significant recent cosmetic updates, including brand-new carpeting, fresh paint throughout, and a remodeled kitchen with new quartz countertops and appliances. While the bathrooms appear to retain some dated builder-grade components and minor finishing details like outlet covers are missing in several rooms, the overall interior quality and recent renovations to major living areas align with a 'Good' condition rating.
The home features significant recent upgrades including a remodeled kitchen with quartz countertops, new appliances, fresh paint, and brand-new carpeting throughout, offering a move-in-ready experience.
A highly desirable feature of this layout is the inclusion of a bedroom and a full bathroom on the main level, providing excellent accessibility and options for multi-generational living or a home office.
As one of the larger units in the complex offering four bedrooms for under $300,000, this property provides substantial square footage and utility for its price point in the Palmdale market.
The monthly HOA fee of $425 is relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
As a townhouse unit, the property involves shared walls and higher density living, which may offer less privacy and more noise transfer than a detached single-family residence.
This beautifully updated home offers the space, layout, and upgrades that truly set it apart. As one of the larger units in the complex, you'll immediately feel the difference the moment you walk in. The interior has been refreshed with brand-new carpet flooring and fresh paint throughout. The remodeled kitchen includes new appliances, new quartz countertops, and a layout that flows seamlessly into the main living space. One of the most desirable features of this floor plan is the bedroom downstairs, paired with a full bathroom on the main level.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,392.5 | 50% |
| Lot Size | 1,358 | 2,121 | 50% |
| Price | $289.9K | $294.9K | 50% |
| Price per sq ft | $216 | $212 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $425.0 | $412 | 50% |
| Days on market | 16 | 180 | 50% |
Apr 6, 2026
$289,900
Initial Listing
Apr 30, 2010
$48,000
Public Record
Apr 17, 2006
$206,000
Public Record
Mar 22, 2004
$97,000
Public Record