
Palmdale, California 93551
Analysis of 7331 W Avenue O8, Palmdale, California 93551 is currently available with a list price of $950,500. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1975 (49 years old) with no evidence of recent interior renovation. The home features extremely dated teal carpeting, wood paneling, and popcorn ceilings throughout. While the exterior outbuildings and solar panels add value, the primary living space requires a full cosmetic rehab and likely system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108459, living area = 3000.
The property features two massive, utility-equipped storage buildings (30x50 and 30x60) with high-clearance doors, providing rare and exceptional value for contractors, car collectors, or home-based businesses.
Equipped with rare dual water sources (AVEK and a private well) plus 36 solar panels, this estate offers significant long-term cost savings and utility independence.
Built in 1975, the interior may require cosmetic updates or full renovations to the kitchen and bathrooms to align with modern luxury expectations and the nearly million-dollar price point.
The complexity of managing 2.5 acres, a private well, a koi pond, and multiple large structures implies significant ongoing maintenance costs and labor for the homeowner.
Amazing Leona Valley VIEW property situated on approximately 2.5 acres with incredible features rarely found in one property. This unique estate offers breathtaking panoramic views along with two huge storage buildings, one approximately 30x50 with 14-foot doors and a second approximately 30x60 with 12-foot doors, both complete with electricity, water, and drains -- perfect for contractors, car collectors, RV storage, workshop space, or a home-based business. This exceptional property also features two water sources including AVEK water and a private well, plus 36 contracted solar panels for added efficiency and savings. Inside, the home offers a spacious floor plan featuring a large living room with stunning Leona Valley views and a beautiful brick fireplace, a formal dining room, oversized family room, and a huge game room perfect for entertaining. The large kitchen offers abundant cabinetry, generous counter space, and all the standard appliances. The spacious primary suite includes a large soaking tub and plenty of room to relax and unwind. The grounds are truly spectacular with a gated entry, beautiful koi pond with waterfall, approximately 391 sq. ft. palapa patio complete with built-in BBQ, pump house, and an expansive covered rear patio designed to capture the million-dollar views. Additional outdoor features include an in-ground spa and maintenance-free artificial grass in the backyard. This is truly a one-of-a-kind Leona Valley property offering incredible views, massive storage buildings, dual water sources, solar, and endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 3,000 | 2,359 | 79% |
| Lot Size | 108,459 | 8,911 | 92% |
| Price | $950.5K | $617.0K | 96% |
| Price per sq ft | $317 | $265 | 77% |
| Built year | 1975 | 1995 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 173 | 1% |
Jun 1, 2026
$950,500
Initial Listing