
Palmdale, California 93552
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well below the $411,721 Fair Market Value by 2%. This valuation gap offers $11,821 in Instant Equity for buyers. Featuring a 3-car garage and 1,454 sqft of living space, the home maintains a Fair Condition Rating. While cosmetic updates are required, the solid infrastructure and functional layout provide a clear path to value-add. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5147 Moonraker Subject | $399,900* List Price | 3 | 3 | 1,454 | $283 | - |
A 37702 50th Street E Sold | $491,000 | 3 | 2 | 1,495 | $328 | 0.4 mi |
B 37720 Smoke Tree Sold | $460,000 | 3 | 2 | 1,529 | $301 | 0.3 mi |
C 5060 Adobe Drive Sold | $405,000 | 4 | 3 | 1,670 | $243 | 0.2 mi |
D 5059 Saint Laurent Sold | $445,000 | 3 | 2 | 1,400 | $318 | 0.2 mi |
E 4252 E Avenue Q11 Sold | $477,000 | 3 | 3 | 1,720 | $277 | 1.0 mi |
F 37718 Clark Court Sold | $448,000 | 3 | 3 | 1,733 | $259 | 0.4 mi |
G 37555 Sulphur Springs Rd Street Sold | $450,000 | 3 | 2 | 1,571 | $286 | 0.7 mi |
H 5246 Karling Place Sold | $450,000 | 3 | 3 | 1,418 | $317 | 0.6 mi |
I 4537 Elwood Avenue Active | $480,000 List Price | 3 | 2 | 1,526 | $315 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is described as an 'Investor Special' needing cosmetic updates and minor repairs, such as the visible hole in the drywall by the stairs. However, the bathroom has been significantly updated with modern marble-style tiling and a new vanity, and the flooring has been upgraded to laminate. These recent interior improvements, combined with functional HVAC and a tile roof, elevate it from 'Poor' to 'Fair' condition.
Priced nearly $100,000 below its 2023 sale price of $490,000, this property offers a substantial opportunity for investors or flippers to build immediate equity through cosmetic renovations.
The rare inclusion of an attached 3-car garage on a spacious corner lot provides exceptional utility and storage capacity that is highly desirable for families and hobbyists.
The home features essential high-value components including a durable tile roof and a central heating and air conditioning system, reducing the need for costly mechanical overhauls.
The property is marketed as an 'Investor Special' requiring cosmetic updates, paint, and minor repairs, which may deter traditional buyers looking for a move-in-ready home.
The listing indicates no specific view from the property, which may limit its competitive edge compared to other homes in the Palmdale area that offer desert or mountain vistas.
Investor Special with Great Potential! Spacious two-story corner home in Palmdale featuring 3 bedrooms, 2.5 bathrooms, and an attached 3-car garage. The functional floor plan offers a large living room, oversized kitchen, and dining area with ceramic tile flooring throughout the main living spaces. Laminate flooring is featured in the bedrooms, hallway, and staircase. The primary suite includes a walk-in closet and private full bathroom, while one secondary bedroom offers access to a private balcony with pleasant views. Additional features include central heating and air conditioning, a tile roof, an open front yard, and a private backyard enclosed by block walls. Property needs cosmetic updates, including paint and minor repairs, making it an ideal opportunity for investors, flippers, or buyers looking to add value and build equity. Conveniently located near schools, shopping, dining, and commuter routes. Don't miss this chance to transform a well-built home with strong upside potential into something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,454 | 1,950 |
| Lot Size | 6,861 | 7,525 |
| Price | $399.9K | $526.3K |
| Price per sq ft | $275 | $278 |
| Built year | 1989 | 1989 |
| HOA | $0 | $119 |
| Days on market | 19 | 69 |
Jul 3, 2026
$399,900
Initial Listing
Aug 22, 2023
$490,000
Public Record
Nov 1, 2016
$235,000
Public Record
Jan 22, 2015
$200,000
Public Record
Aug 29, 2014
$177,000
Public Record
Aug 1, 1997
$84,000
Public Record