38997 164th E, Palmdale, California 93591, Palmdale, 93591 - 3 bed, 2 bath
38997 164th E
Palmdale, California 93591
Property Price
SUMMARY
Analysis of 38997 164th E, Palmdale, California 93591 reveals a Fairly Priced Property with a current list price of $250,000 aligned with the estimated $244,322 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is a significant fixer-upper requiring substantial rehabilitation. According to the listing, it needs a new roof, a new septic system, and a complete interior overhaul including new kitchen cabinets, bathrooms, and flooring throughout. These defects affect the basic functionality and habitability of the home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29185, living area = 1134.
- Expansive Lot Size
The property sits on a massive 29,366 SQFT lot, offering significant space for outdoor improvements, ADU potential, or extensive vehicle and equipment storage.
- High Investment Potential
Priced as a fixer-upper, this property presents a prime opportunity for investors to add substantial value through renovation and capitalize on the growing Palmdale market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =29185, other record lot size in square feet = 29366.
- Extensive Capital Expenditure
The structure requires a complete overhaul, including a new roof, septic system, kitchen, and flooring, which will necessitate a significant renovation budget.
- Restricted Financing Options
The 'Cash Only' requirement significantly limits the potential buyer pool by excluding those who rely on traditional mortgage financing.
About 38997 164th E
Investors, great opportunity, 3 bedrooms 2 bathrooms, 1,134 Structure and 29,366 SQFT Lot. 2 car garage. the property has north and south white fence and west side has block fence. Cash only. This property is a fixer upper. bring your tools! Need a new roof, new septic, paint, kitchen cabinets, bathroom and throughout flooring. Turn this house in your dream home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 29,185 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 1,302 | 43% |
| Lot Size | 29,185 | 28,063 | 52% |
| Price | $250.0K | $397.0K | 14% |
| Price per sq ft | $220 | $300 | 14% |
| Built year | 1987 | 1985 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 175 | 5% |
Pricing History
Listed for Sale
Mar 2, 2026
$250,000
Initial Listing
Sold
May 3, 2000
$47,000
Public Record
Sold
Jun 11, 1996
$62,500
Public Record