39132 161st Street E, Palmdale, California 93591, Palmdale, 93591 - 3 bed, 2 bath
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Palmdale, California 93591
This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well above the $333,137 Fair Market Value by -14%. While the property requires significant updates given its Condition Rating of 4, the massive 56,628 sqft corner lot offers exceptional utility for agricultural projects or additional structures. Featuring scenic Valley Views, this asset is best suited for Buy-and-Hold Investors or Contractors capable of navigating the property's deferred maintenance and long market exposure to unlock its underlying land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39132 161st Street E Subject | $380,000* List Price | 3 | 2 | 1,402 | $271 | - |
A 15871 E Avenue Q1 Active | $450,000 List Price | 3 | 2 | 1,466 | $307 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property is dated and retains its original kitchen cabinetry and fluorescent light boxes. While the interior has been refreshed with newer laminate flooring and paint, the presence of popcorn ceilings and significant exterior clutter/unpermitted-looking structures indicates a need for updates and general maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56628, living area = 1402.
The property sits on a massive 56,628 sqft corner lot, providing ample space for horse facilities, agricultural projects, or the construction of additional structures.
With a price reduction of over $100,000 from the original list price, this home now represents a highly competitive value proposition for the Palmdale market.
With 286 days on the market, the property may carry a 'stale' listing perception, which can lead to buyer hesitation or aggressive low-ball offers.
Situated on 161st Street E, the property's distance from major urban amenities and employment hubs in central Palmdale may be a drawback for commuters.
Welcome to this charming 3 bedroom, 2 bath home featuring 1,402 sqft of comfortable living space. Perfectly situated on a desirable corner lot, the outdoor possibilities are endless, create your dream horse setup, start a garden, or expand with additional structures. Contact me for more details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,402 | 1,950 |
| Lot Size | 1,198,727,680 | 7,525 |
| Price | $380.0K | $526.3K |
| Price per sq ft | $271 | $278 |
| Built year | 1985 | 1989 |
| HOA | $0 | $119 |
| Days on market | 334 | 69 |
Jun 4, 2026
$380,000
$399,999
-5% Price Drop
Initial Listing
May 12, 2026
$399,999
$460,000
-13% Price Drop
Initial Listing
Dec 4, 2025
$460,000
$470,000
-2% Price Drop
Initial Listing
Sep 21, 2025
$470,000
Initial Listing
Aug 22, 2025
$485,000
Initial Listing