38857 9th Street E, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
ACTIVE$325,000
38857 9th Street E, Palmdale, California 93550
2Beds
2Baths
1,412Sqft
6,107Lot
Year Built
1953
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
DW25196197
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $325.0K(17th), sqft - 1412(33th), beds - 2(83th), baths - 2(83th).
Excellent investment opportunity! This tenant-occupied duplex offers steady rental income with significant upside potential. Two units with one bedroom, one bath, separte 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.
Price History
Date
Event
Price
09/01/25
Listing
$325,000
Condition Rating
Poor
The property was built in 1953, making it 71 years old. The listing description explicitly states that 'Both units are in need of updates, making it an ideal fixer for investors or buyers seeking to add value.' The exterior images show significant deferred maintenance, including weathered siding, an outdated evaporative cooler, and an unkempt yard. While tenant-occupied, suggesting it's currently livable, the age and stated need for updates indicate that major systems (HVAC, electrical, plumbing) and interior finishes, including kitchens and bathrooms (though not pictured), are likely very outdated and require substantial repairs and rehabilitation to meet modern standards. This aligns with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Asset: This tenant-occupied duplex provides immediate and steady rental income, making it an attractive asset for investors seeking cash flow from day one.
Significant Value-Add Potential: Described as an 'ideal fixer' with 'significant upside potential,' the property offers a clear opportunity for investors to increase its value through strategic renovations and updates.
Prime Investment Opportunity: Positioned as an 'excellent investment opportunity' with a strong foundation for long-term returns, appealing to buyers focused on capital appreciation and portfolio growth.
Convenient Central Location: Its central location near shopping, parks, schools, community amenities, and freeways enhances tenant desirability and contributes to future property appreciation.
Ample Parking: The property includes a two-car carport and two additional uncovered parking spaces, providing valuable and convenient parking solutions for tenants.
Cons
Requires Extensive Updates: Both units are explicitly stated to be 'in need of updates,' indicating that a significant investment in renovation and modernization will be required by the new owner.
Older Property Age: Built in 1953, the property's age suggests that major systems (plumbing, electrical, HVAC) and structural components may be outdated and could require substantial repair or replacement.
Renovation Costs and Management: As an 'ideal fixer,' the property will demand considerable capital expenditure and project management effort from the buyer to realize its full potential and maximize returns.