38651 28th Street E, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 2 bath

38651 28th Street E, Palmdale, California 93550 home-pic-0

38651 28th Street E

Palmdale, California 93550

ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,564Sq Ft
6,606Lot Size

Property Price

LIST PRICE$390,000
EST. MARKET VALUE
$426,794
8% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$426,794 +$36,794 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
38651 28th Street E
Subject
$390,000*
List Price
421,564$273-
A
37916 E 26th
Sold
$430,000321,600$2691.0 mi
B
2627 E Avenue Q15
Active
$499,000
List Price
321,680$2970.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1987, the property is functional and move-in ready but shows its age. While the kitchen has been partially updated with stone countertops and stainless steel appliances, it retains dated features like the fluorescent light box and painted original cabinetry. The consistent tile flooring throughout and basic fixtures indicate a home that has been maintained but not extensively renovated to modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency

    The property includes solar panels, providing a significant advantage for homeowners by reducing monthly utility costs and increasing long-term energy sustainability.

  • Functional Single-Story Layout

    The 4-bedroom, 2-bathroom single-level floor plan offers 1,564 sq ft of accessible living space, making it ideal for families, retirees, or those seeking a home without stairs.

  • Competitive Value Pricing

    Following a substantial price reduction from $450,000 to $390,000, the property is positioned as a high-value opportunity compared to its previous sales history.

CONSRISKS & DEFICIENCIES

  • Significant Price Depreciation

    The current list price is significantly lower than the 2024 sale price of $485,000, which may suggest a volatile local market or a need for a quick sale.

  • Aging Infrastructure

    Built in 1987, the property may soon require capital improvements or updates to major systems and cosmetic finishes to remain competitive with newer builds.

  • Limited Buyer Opportunity

    The 'Active Under Contract' status indicates that the seller has already accepted an offer, leaving new prospective buyers in a secondary or backup position.

About 38651 28th Street E

Welcome to 38651 28th Street East, Palmdale, CA 93550, a charming and well-maintained single-story home offering comfort, functionality, and great outdoor space. This 4-bedroom, 2-bath residence spans 1,564 sq ft and is thoughtfully designed for everyday living. The home features a spacious layout with ample natural light, making it ideal for families, first-time buyers, or those looking to downsize without sacrificing space. Enjoy the convenience of an attached 2-car garage and the added benefit of solar panels, helping reduce energy costs. Outside a private front and backyard, perfect for entertaining, gardening, or creating your own outdoor retreat. Located in a well-established Palmdale neighborhood with easy access to schools, shopping, dining, and major commuter routes, this property offers both comfort and convenience.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1987
Lot Size
6,606 Sq. Ft.

Interior

Total Bedrooms
4
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths2.02.0
50%
Square foot1,5641,526
54%
Lot Size6,6067,163.5
25%
Price$390.0K$455.0K
22%
Price per sq ft$249$298
22%
Built year19871985
55%
HOA$0$0
50%
Days on market57190
5%

Pricing History

Listed for Sale

Jan 16, 2026

$390,000

$450,000

-13% Price Drop

Initial Listing

Price Change

Jan 8, 2026

$450,000

Initial Listing

Sold

May 3, 2024

$485,000

Public Record

Sold

May 13, 2020

$299,000

Public Record

Sold

Apr 23, 2010

$130,000

Public Record

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