40155 176th Street E, Palmdale, California 93591, Palmdale, 93591 - 4 bed, 2 bath
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Palmdale, California 93591
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $285,374 Fair Market Value by -5%. While the home carries a Condition Rating of 5, the expansive 22,025 sq. ft. lot, in-ground pool, and remodeled kitchen provide a solid foundation for value-add projects. The property requires significant build-out, making it a strategic acquisition for Fix-and-Flip Investors or Contractors capable of completing the necessary renovations to unlock the home's full potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40155 176th Street E Subject | $300,000* List Price | 4 | 2 | 1,248 | $229 | - |
A 40166 178th Street E Sold | $380,000 | 4 | 2 | 1,248 | $304 | 0.2 mi |
B 40247 174th E Sold | $235,000 | 3 | 2 | 1,134 | $207 | 0.3 mi |
C 40214 174th E Active Under Contract | $250,000 List Price | 2 | 1 | 850 | $294 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978, this property is an mid-rehab project that is currently not move-in ready. While it features newer windows and some updated flooring, the kitchen is incomplete with exposed components, rooms lack finished ceilings and flooring, and the pool is non-functional. The listing explicitly states it needs 'build-out' and is an investment project, fitting the criteria for a property needing rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22025, living area = 1248.
Situated on a generous 22,025 sq. ft. lot, this property provides ample space for outdoor expansion, ADU potential, or a customized private retreat.
The home features a remodeled kitchen, newer windows, and updated flooring in the main living areas, reducing the initial renovation burden for high-cost items.
The property requires significant build-out and finishing work, making it unsuitable for traditional financing or buyers seeking a move-in-ready home.
The existing in-ground pool and spa are currently empty and require inspection and potential repair, representing a notable deferred maintenance cost.
Welcome to this 4-bedroom, 2-bath home offering 1,248 sq ft of potential on a spacious lot in Palmdale. Featuring an attached 2-car garage, newer windows, updated flooring in the kitchen and living room, and a remodeled kitchen, this property is a great opportunity for investors, contractors, or buyers ready to bring their vision to life. The home is still in need of build-out and finishing touches, offering endless possibilities to customize and improve. The backyard includes an in-ground pool and spa currently without water, creating the potential for an incredible outdoor retreat. Conveniently located with plenty of space and opportunity, this property is being sold as-is with no warranties expressed or implied. Great chance to create your dream home or next investment project!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,248 | 1,330 | 35% |
| Lot Size | 22,025 | 26,149.6 | 35% |
| Price | $300.0K | $402.5K | 23% |
| Price per sq ft | $240 | $288 | 31% |
| Built year | 1978 | 1987 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 135 | 4% |
May 18, 2026
$300,000
Initial Listing
Dec 5, 2023
$445,000
Public Record
Sep 12, 2012
$75,000
Public Record