
Palmdale, California 93551
This property presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned well above the $403,855 Fair Market Value by 36%. While the property requires significant renovation, its 5-bedroom, 3-bath layout on a large 8,409 sqft corner lot offers substantial value-add potential. Featuring a City Lights view and a quiet cul-de-sac location, the home is a Fair Condition Rating asset requiring a comprehensive rehab. This project is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 Questa Court Subject | $550,000* List Price | 5 | 3 | 2,309 | $175 | - |
A 38339 38339 San Mateo Avenue Sold | $500,000 | 3 | 3 | 1,901 | $263 | 0.1 mi |
B 337 Morningside Terrace Sold | $495,000 | 4 | 3 | 2,604 | $190 | 0.3 mi |
C 317 Camino Real Avenue Sold | $392,500 | 3 | 3 | 1,901 | $206 | 0.2 mi |
D 360 Morningside Terrace Active | $454,000 List Price | 6 | 3 | 2,394 | $190 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37 years old) with no evidence of major renovations. The listing description explicitly advises to 'bring your brush and hammer,' indicating the home needs significant work. Interior photos show original 1980s tile in the bathrooms, worn flooring, and general deferred maintenance, fitting the criteria for a property needing rehab.
Featuring 5 bedrooms and 3 full bathrooms across 2,309 square feet, this home offers a rare high-capacity layout that is ideal for large families or multi-generational living.
The property is situated on a generous 8,409 square foot corner lot within a quiet cul-de-sac, providing enhanced privacy, safety for children, and ample space for outdoor gatherings.
With a significant price reduction from the original listing and a 'fixer-upper' status, this property presents a strong opportunity for investors or handy homeowners to build immediate sweat equity.
The listing explicitly indicates the home requires significant cosmetic and potentially structural 'love,' suggesting a need for immediate capital investment upon purchase.
Having remained active for over 60 days despite a major price cut, the property may carry a market stigma that could affect future resale perception if not renovated to a high standard.
Welcome to this great area of Palmdale. Two story house in a corner lot and a Cul-de-sac St, so the children can play happy in a quiet neighborhood. Bring your brush and hammer to give some love to this one of a kind and unique home. This property features 5 bedrooms and 3 Complete bath rooms. High ceiling , Big living room , Dining room area, Nice family room with chimney. Kitchen has a breakfast bar plus a dining area. Laundry area in the garage. Property comes with a large back yard for your family gathering.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,309 | 2,348 | 47% |
| Lot Size | 8,409 | 8,859 | 45% |
| Price | $550.0K | $616.0K | 33% |
| Price per sq ft | $238 | $264 | 28% |
| Built year | 1987 | 1995 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 174 | 8% |
Apr 19, 2026
$550,000
$630,000
-13% Price Drop
Initial Listing
Mar 29, 2026
$630,000
Initial Listing
Aug 16, 2019
$369,000
Public Record
Jan 6, 2010
$172,500
Public Record
Dec 1, 1994
$114,000
Public Record