
Palmdale, California 93551
This Value-Add Investment Asset is listed at $680,000, positioned near its $651,925 Fair Market Value. Sold "As-Is" with a Condition Rating of 5, the property requires a comprehensive renovation to address significant deferred maintenance. The primary value of this acquisition lies in the Expansive 2.87-Acre Lot featuring unobstructed Desert Views and proximity to Esperanza Elementary (Rating 5) and Hillview Middle School (Rating 7). This short-sale opportunity is a strategic project for Fix-and-Flip Investors or Contractors focused on forced appreciation through land and structural improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41037 34th Street W Subject | $680,000* List Price | 3 | 2 | 1,724 | $378 | - |
A 41015 36th Street Pending | $539,000 List Price | 3 | 2 | 1,934 | $279 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1954, making it 70 years old. The listing explicitly states 'Sold As-Is' and is a 'short sale,' which are strong indicators of significant deferred maintenance and a property requiring substantial repairs. Crucially, no interior photos are provided, especially for the kitchen and bathrooms. This strongly suggests these areas are in very poor, outdated, or damaged condition, likely requiring full renovation. The exterior appears dated and the yard is unkempt, further supporting the need for extensive rehabilitation.
The property boasts a very large lot of 125,108 sqft (approximately 2.87 acres), offering significant space for privacy, outdoor activities, potential expansion, or future development.
The property explicitly offers appealing desert views, enhancing its aesthetic value and providing a serene living environment.
Esperanza Elementary School, with a rating of 5, is conveniently located just 0.65 miles away, making it highly attractive for families with young children.
The property is a short sale, which typically involves a more complex, lengthy, and uncertain transaction process due to the requirement for lender approval.
Being sold 'As-Is' means the buyer assumes full responsibility for any necessary repairs, renovations, or deferred maintenance, which could be substantial given the property's age.
Built in 1954, the property is 70 years old, suggesting potential for outdated systems, structural issues, and a likely need for significant modernization to meet contemporary standards and preferences.
This is a short sale. Three bedrooms two bathroom Sold As-Is. This is contingent upon Short Sale Approval
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.8 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,724 | 2,394 | 18% |
| Lot Size | 125,108 | 8,650 | 97% |
| Price | $680.0K | $625.0K | 69% |
| Price per sq ft | $394 | $264 | 95% |
| Built year | 1954 | 1994 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 286 | 201 | 82% |
Oct 26, 2025
$680,000
$475,000
+43% Price Increase
Initial Listing
Jul 10, 2025
$475,000
Initial Listing