38857 9th Street E, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
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Palmdale, California 93550
This Income-Producing Duplex represents a High-Potential Investment Opportunity with a List Price of $325,000. While the valuation sits above the $234,834 Fair Market Value estimate, the property serves as an accessible entry point compared to recent area sales reaching $350,000. Currently holding a Condition Rating of 5, this fixer-upper requires strategic updates to unlock its full Value-Add Potential. Featuring two tenant-occupied units and a two-car carport near the Palmdale High School District, the asset provides immediate rental income and long-term stability. This is a strategic acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38857 9th Street E Subject | $325,000* List Price | 2 | 2 | 1,412 | $181 | - |
A 835 E Avenue Q Sold | $410,000 | 2 | 2 | 1,412 | $290 | 0.1 mi |
B 38857 Rambler Avenue Sold | $350,000 | 2 | 2 | 1,412 | $248 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, this duplex is explicitly marketed as a fixer-upper with significant deferred maintenance. The listing confirms both units require substantial updates, and the aging infrastructure and weathered exterior visible in images indicate a need for major rehabilitation to meet modern standards.
The property is currently tenant-occupied, providing a steady stream of rental income from the moment of acquisition.
As a fixer-upper with significant upside, this duplex offers investors the opportunity to build equity through strategic renovations and modernization.
Conveniently located near shopping, schools, parks, and freeways, the property is well-positioned to attract long-term tenants and maintain high occupancy.
Both units are in need of updates and repairs, requiring an immediate capital expenditure for the buyer to realize the property's full potential.
Built in 1953, the property likely features older systems and structural elements that may require more frequent maintenance compared to newer builds.
Existing tenancies can complicate the renovation process and may limit the immediate ability to adjust rents to current market rates.
Excellent investment opportunity! Two units with one bedroom, one bath, separate entrances, two car carport and two uncovered parking spaces. Both units are in need of updates, making it an ideal fixer for investors or buyers seeking to add value. Centrally and conveniently located near shopping, parks, schools, community amenities, and freeways, this property provides a strong foundation for long-term returns. Don’t miss your chance to transform this income-producing duplex into a high-performing asset.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,412 | 1,661 | 43% |
| Lot Size | 6,107 | 6,953 | 29% |
| Price | $325.0K | $540.0K | 14% |
| Price per sq ft | $230 | $277 | 14% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 288 | 223 | 71% |
Sep 1, 2025
$325,000
Initial Listing