38902 E 9th Street, Palmdale, California 93550, Palmdale, 93550 - 5 bed, 2 bath
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Palmdale, California 93550
This two-unit property presents a High-Potential Investment Opportunity with a List Price of $580,000—positioned well above the $503,890 Fair Market Value by -15%. Featuring a Fair Condition Rating, this 1955-built asset offers significant value-add potential through cosmetic updates. The two-unit configuration and large 7,769 sqft lot provide excellent rental income versatility near the 14 Freeway. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a house-hack strategy to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38902 E 9th Street Subject | $580,000* List Price | 5 | 2 | 1,743 | $289 | - |
A 38514 Carolside Avenue Sold | $435,000 | 3 | 2 | 1,721 | $253 | 0.9 mi |
B 38502 Sumac Avenue Sold | $420,000 | 3 | 2 | 1,125 | $373 | 0.7 mi |
C 38452 Stanridge Pending | $499,900 List Price | 4 | 2 | 1,978 | $253 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this 70-year-old property appears functional but dated. While the exterior shows some updates like vinyl windows, there is no mention of recent renovations to the kitchens, bathrooms, or core systems (HVAC/Electric). It fits the 'Fair' criteria as a dated structure that likely needs minor repairs and cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7769, living area = 1743.
The two-unit configuration offers a versatile investment opportunity, allowing an owner-occupant to live in one unit while generating rental income from the other.
The property is ideally situated near the 14 Freeway, local schools, and shopping centers, providing excellent accessibility for commuters and families.
Built in 1955, the residence may require updates to its original infrastructure, such as electrical, plumbing, or roofing, to meet modern efficiency standards.
With only 2 bathrooms serving 5 bedrooms across two units, the property may face functional limitations for larger households or high-occupancy rental scenarios.
Two-unit property, live in one rent the other! Close to 14 FWY, shops, schools and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,743 | 1,950 |
| Lot Size | 7,769 | 7,525 |
| Price | $580.0K | $526.3K |
| Price per sq ft | $333 | $278 |
| Built year | 1955 | 1989 |
| HOA | $0 | $119 |
| Days on market | 7 | 69 |
Jul 15, 2026
$580,000
Initial Listing
Aug 12, 2016
$195,000
Public Record
Jul 28, 2010
$110,000
Public Record
Jul 7, 2000
$65,500
Public Record