38621 Puerta, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
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Palmdale, California 93550
This Value-Add Residential Asset is listed at $399,999, positioning it as a stable acquisition aligned with its $392,355 Fair Market Value and recent local sales trends. While maintaining a Condition Rating of 4, the property offers high-value "bones" including a recently installed roof and a premium updated kitchen with quartz waterfall countertops. The expansive 8,361-square-foot lot and private patio with a distant mountain view present significant upside for forced appreciation through cosmetic finishing. Located near key amenities in the Palmdale High School District, this is an ideal opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38621 Puerta Subject | $399,999* List Price | 3 | 2 | 1,122 | $350 | - |
A 38648 21st E Sold | $334,000 | 3 | 1 | 1,014 | $329 | 0.3 mi |
B 38363 Rosemarie Sold | $338,000 | 3 | 1 | 1,053 | $321 | 0.7 mi |
C 38633 Glenbush Avenue Sold | $405,000 | 3 | 2 | 1,056 | $384 | 0.8 mi |
D 38756 16th Place E Sold | $385,000 | 3 | 1 | 1,010 | $381 | 0.7 mi |
E 37944 29th Street E Sold | $465,000 | 3 | 2 | 1,239 | $375 | 1.0 mi |
F 38725 Jacklin Active | $415,000 List Price | 3 | 1 | 1,014 | $409 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a high-quality, recently renovated kitchen with modern cabinetry and quartz waterfall countertops, along with a new roof. However, the 1956 build shows its age in other areas; the bathrooms remain dated with older fixtures and window-mounted cooling units, and the bedrooms and exterior require significant cosmetic finishing. It meets the 'fair' criteria as an aged home with partial updates that still requires minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8361, living area = 1122.
The property features a recently installed roof and an updated kitchen, providing peace of mind and reducing immediate capital expenditures for major renovations.
Marketed as a home needing cosmetic touches, this property offers a significant opportunity for investors or first-time buyers to build sweat equity through aesthetic improvements.
The interior requires cosmetic updates, which may be a deterrent for buyers seeking a move-in-ready home without the need for immediate projects.
Built in 1956, the property may possess older plumbing or electrical systems typical of its era that could require future modernization beyond the updated kitchen.
Great opportunity in Palmdale! This 3-bedroom, 2-bath home features an updated kitchen and a recently installed roof. The property offers strong potential for buyers looking to add their own cosmetic touches and build equity. Conveniently located near restaurants, shopping, and a local high school, making everyday errands and commuting simple. Whether you’re a first-time buyer, investor, or someone looking for a home with upside, this property offers a solid foundation with room to make it your own.
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 | 1,122 | 1,453.5 | 20% |
| Lot Size | 8,361 | 7,163.5 | 80% |
| Price | $400.0K | $450.0K | 22% |
| Price per sq ft | $357 | $309 | 74% |
| Built year | 1956 | 1984 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 187 | 1% |
Apr 9, 2026
$399,999
Initial Listing
Jan 10, 2024
$395,000
Public Record
Sep 12, 2022
$360,000
Public Record
Sep 16, 2016
$180,000
Public Record
Dec 9, 2008
$76,500
Public Record
May 31, 2005
$250,000
Public Record