4722 E Avenue R4, Palmdale, California 93552, Palmdale, 93552 - 4 bed, 3 bath
Loading property details...
4722 E Avenue R4
Palmdale, California 93552
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,733Sq Ft
7,091Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$438,173
8% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $399,999—positioned well below the $438,173 Fair Market Value by 8%. This valuation gap offers $38,174 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet its 4-bedroom layout and large lot provide significant upside. With scenic city and desert views, this asset is ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build value through strategic renovation.
Estimated Market Value
$438,173+$38,174 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4722 E Avenue R4 Subject | $399,999* List Price | 4 | 3 | 1,733 | $253 | - |
A 37732 Clark Court Sold | $510,000 | 3 | 3 | 1,733 | $294 | 0.2 mi |
B 37718 Clark Court Sold | $448,000 | 3 | 3 | 1,733 | $259 | 0.2 mi |
C 37712 Duffel Street Sold | $490,000 | 4 | 3 | 1,929 | $254 | 0.1 mi |
D 5390 Karling Place Sold | $495,000 | 4 | 3 | 2,073 | $239 | 0.8 mi |
E 4252 E Avenue Q11 Sold | $477,000 | 3 | 3 | 1,720 | $277 | 0.8 mi |
F 5060 Adobe Drive Sold | $405,000 | 4 | 3 | 1,670 | $243 | 0.5 mi |
G 37555 Sulphur Springs Rd Street Sold | $450,000 | 3 | 2 | 1,571 | $286 | 0.3 mi |
H 37819 Noble Court Sold | $415,000 | 3 | 2 | 1,441 | $288 | 0.0 mi |
I 5147 Moonraker Active | $399,900 List Price | 3 | 3 | 1,454 | $275 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is dated and shows signs of wear consistent with its age, including popcorn ceilings and original-style cabinetry. The listing description explicitly mentions the need for updating and renovation, and the exterior landscaping is minimal, though the home appears functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7091, living area = 1733.
- Significant Equity Potential
Listed at $399,999, the property is priced substantially below its 2021 sale price of $510,000, offering a prime opportunity for investors or buyers to build immediate equity through renovation.
- Functional Family Layout
The 1,733-square-foot floor plan features a desirable four-bedroom, three-bathroom configuration, providing ample space and versatility for growing families or multi-generational living.
CONSRISKS & DEFICIENCIES
- Short Sale Complexity
As a short sale, the transaction is subject to lender approval, which often results in extended closing timelines and a more complex negotiation process for the buyer.
- Renovation Requirements
The listing emphasizes the need for a 'personal touch' and 'renovating,' indicating that the home likely requires significant cosmetic or structural updates to reach its full market potential.
About 4722 E Avenue R4
Short Sale. This four-bedroom, three-bathroom residence offers approximately 1,733 square feet of living space with a functional layout and plenty of potential. Featuring spacious bedrooms, multiple bathrooms, and versatile areas ready for your personal touch, this home provides an opportunity to create a space tailored to your lifestyle. The thoughtfully designed floor plan offers comfortable living areas, room to gather and entertain, and the flexibility to accommodate a variety of needs. Whether updating, renovating, or adding your own finishing touches, this property presents a great opportunity to bring your vision to life and make it truly your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,091 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,733 | 1,908.528 |
| Lot Size | 7,091 | 7,579.892 |
| Price | $400.0K | $528.1K |
| Price per sq ft | $231 | $281 |
| Built year | 1988 | 1990 |
| HOA | $0 | $99 |
| Days on market | 26 | 70 |
Pricing History
Listed for Sale
Aug 14, 2026
$399,999
Initial Listing
Sold
Nov 10, 2021
$510,000
Public Record
Sold
Mar 20, 2009
$130,000
Public Record
Sold
Oct 11, 2005
$400,000
Public Record