
Palmdale, California 93591
Analysis of 40332 162nd E, Palmdale, California 93591 is currently available with a list price of $345,000. 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.
Property is extensive renovation needed.
Built in 1989 (>30 years old) and explicitly marketed as a fixer/investor opportunity requiring significant repairs and renovation. While the roof is under 10 years old and solar is present, the property is sold as-is and described as a renovation project, fitting the criteria for a rehab-ready poor condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22016, living area = 2145.
The solar system will be fully paid off at closing, providing the new owner with immediate energy savings and increased property value without any ongoing lease obligations.
The expansive 22,016-square-foot lot offers significant space for property expansion or the addition of an Accessory Dwelling Unit (ADU), subject to local verification.
Sold in 'as-is' condition as a fixer-upper, the property requires substantial capital investment and labor to address necessary repairs and modernization.
Located on the far eastern outskirts of Palmdale, the property's distance from major employment hubs and city amenities may limit its appeal to traditional commuters.
FIXER/INVESTOR OPPORTUNITY. This property offers significant upside for the right buyer, being sold AS-IS and priced to reflect the extent of repairs needed. The spacious lot presents potential for improvement and/or ADU development, subject to buyer verification of local requirements. The roof is less than 10 years old, and the solar system will be paid-off at closing. Ideal for investors, contractors, or buyers seeking a renovation project with strong equity potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,145 | 1,908.528 |
| Lot Size | 22,016 | 7,579.892 |
| Price | $345.0K | $528.1K |
| Price per sq ft | $161 | $281 |
| Built year | 1989 | 1990 |
| HOA | $0 | $99 |
| Days on market | 16 | 70 |
Aug 24, 2026
$345,000
Initial Listing
Aug 21, 1996
$80,000
Public Record