5311 Katrina, Palmdale, California 93552, Palmdale, 93552 - 4 bed, 2 bath
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5311 Katrina
Palmdale, California 93552
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,369Sq Ft
7,098Lot Size
Property Price
LIST PRICE$420,000
EST. MARKET VALUE
$436,692
3% BelowMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $400,000—positioned well below the $420,943 Fair Market Value by 4%. This valuation gap offers $20,943 in Instant Equity for the buyer. The property maintains a Good Condition Rating, featuring a Modernized Kitchen with granite counters and a Versatile Bonus Room. With a large lot and a Covered Patio, it balances lifestyle comfort with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$436,692+$16,692 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 |
|---|---|---|---|---|---|---|
★ 5311 Katrina Subject | $420,000* List Price | 4 | 2 | 1,369 | $319 | - |
A 5246 Karling Place Sold | $450,000 | 3 | 3 | 1,418 | $317 | 0.2 mi |
B 5851 Evergem Sold | $470,000 | 3 | 2 | 1,232 | $381 | 0.6 mi |
C 37702 50th Street E Sold | $491,000 | 3 | 2 | 1,495 | $328 | 0.3 mi |
D 5327 Carlo Court Sold | $450,000 | 3 | 2 | 1,524 | $295 | 0.7 mi |
E 5854 Madrid Court Sold | $497,000 | 4 | 2 | 1,560 | $319 | 0.7 mi |
F 37116 Alder Street Sold | $500,000 | 3 | 2 | 1,478 | $338 | 0.6 mi |
G 37732 Clark Court Sold | $510,000 | 3 | 3 | 1,733 | $294 | 0.4 mi |
H 5126 Karling Pl Sold | $540,000 | 4 | 3 | 1,737 | $311 | 0.2 mi |
I 5347 E Avenue R11 Active | $499,000 List Price | 3 | 3 | 1,561 | $320 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1988 but features significant updates that make it move-in ready. The kitchen has been modernized with granite countertops, stainless steel appliances, and a tile backsplash. Bathrooms have been updated, including a contemporary tiled walk-in shower. While the structure is over 30 years old, the interior renovations to key areas like the kitchen, baths, and flooring (tile/laminate) place it in the 'Good' category.
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 = 7098, living area = 1369.
- Modernized Interior Finishes
The home features a contemporary kitchen with granite countertops and stainless steel appliances, along with updated tiled bathrooms, offering move-in-ready appeal.
- Versatile Single-Level Layout
The single-story floor plan includes vaulted ceilings and a large bonus room that can function as a fourth bedroom or family room, providing flexible living options.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1369, other record living area = 1094. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Market Positioning
A significant $40,000 price reduction after 30 days on the market suggests the property faced initial challenges in attracting buyers at its original price point.
- Compact Living Space
At 1,369 square feet, the four-bedroom configuration may result in smaller individual room sizes or a more constrained feel compared to larger homes in the area.
About 5311 Katrina
*****2.98% Assumable FHA loan ****Great three bedroom plus a huge bonus room that can be a 4th bedroom or a family room. The home all on in a single level. Flooring all finished in tile and laminate wood, open and spacious with vaulted ceilings. Updated Tiled shower and baths. Kitchen compete with stainless steel appliances, and granite counters with a tile backsplash. An open backyard with a covered patio and and pavers. Complete with an Attached 2 car garage
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.0 |
| Square foot | 1,369 | 1,908.528 |
| Lot Size | 7,098 | 7,579.892 |
| Price | $420.0K | $528.1K |
| Price per sq ft | $307 | $281 |
| Built year | 1988 | 1990 |
| HOA | $0 | $99 |
| Days on market | 47 | 70 |
Pricing History
Listed for Sale
Sep 1, 2026
$420,000
$400,000
+5% Price Increase
Initial Listing
Price Change
Aug 22, 2026
$400,000
$440,000
-9% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$440,000
Initial Listing
Sold
Aug 16, 2021
$385,000
Public Record
Sold
Oct 24, 2001
$95,000
Public Record