1635 W Avenue N12, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 1 bath

1635 W Avenue N12, Palmdale, California 93551 home-pic-0
ACTIVE$415,200
1635 W Avenue N12, Palmdale, California 93551
3Beds
1Bath
1,392Sqft
93,218Lot

Price Vs. Estimate

The estimated value ($385,545.295) is $29,654.705 (7%) lower than the list price ($415,200). This property may be overpriced.

Key pros and cons

Top Pros:
Expansive Lot Size: The property boasts a very large lot of 93,218 sqft (over 2 acres), offering significant potential for expansion, outdoor amenities, or future development.
Top Cons:
CASH ONLY Requirement: The strict 'CASH ONLY' transaction requirement drastically limits the buyer pool, making it challenging to finance and potentially extending market time.

Compared to the nearby listings

Price:$415.2K vs avg $625.0K ($-209,800)2%
Size:1,392 sqft vs avg 2,348 sqft10%
Price/sqft:$298 vs avg $27368%

More Insights

Built in 1954 (71 years old).
Condition: The property was built in 1954, making it 70 years old. The 'CASH ONLY' transaction requirement is a strong indicator of significant underlying issues, likely including extensive deferred maintenance, outdated systems, or structural problems that prevent conventional financing. The single exterior image shows an older home with an unkempt yard and an older swamp cooler on the roof, consistent with a property requiring substantial repairs and rehabilitation. Without interior photos, specific conditions of the kitchen and bathroom cannot be assessed, but the overall context points to a property in very poor condition.
Year Built
1954
Close
-
List price
$415K
Original List price
$415K
Price/Sqft
$298
HOA
-
Days on market
-
Sold On
-
MLS number
IV24253958
Home ConditionPoor
Features
View-

About this home

Great Opportunity to own this single-family home built in 1954, featuring 3 bedrooms and 1 bathroom. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the disclaimers carefully before placing a bid or submitting an offer. ***

Nearby schools

4/10
Summerwind Elementary School
Public,K-51.6mi
5/10
Esperanza Elementary School
Public,K-61.9mi
4/10
Valley View Elementary School
Public,K-62.7mi
3/10
David G. Millen Intermediate
Public,6-81.9mi
7/10
Hillview Middle School
Public,6-82.8mi
5/10
Joe Walker Middle School
Public,6-84.6mi
2/10
Innovations Academy Of Palmdale
Public,K-86.2mi
3/10
Highland High School
Public,9-122.6mi
6/10
Quartz Hill High School
Public,9-125.3mi
4/10
Lancaster High School
Public,9-125.4mi
Condition Rating
Poor

The property was built in 1954, making it 70 years old. The 'CASH ONLY' transaction requirement is a strong indicator of significant underlying issues, likely including extensive deferred maintenance, outdated systems, or structural problems that prevent conventional financing. The single exterior image shows an older home with an unkempt yard and an older swamp cooler on the roof, consistent with a property requiring substantial repairs and rehabilitation. Without interior photos, specific conditions of the kitchen and bathroom cannot be assessed, but the overall context points to a property in very poor condition.
Pros & Cons

Pros

Expansive Lot Size: The property boasts a very large lot of 93,218 sqft (over 2 acres), offering significant potential for expansion, outdoor amenities, or future development.
Seller Concessions: The seller's commitment to pay Taxes, HOA, and Municipal/Utility Liens significantly reduces the buyer's upfront closing costs and potential financial burdens.
Accessible Price Point: Listed at $415,200, this single-family home offers a relatively affordable entry into the Palmdale real estate market, especially considering the large lot size.
Family-Friendly Location: Proximity to several public schools, including highly-rated options like Hillview Middle School (rating 7) and Esperanza Elementary (rating 5), enhances its appeal to families.
Desirable Property Type: As a single-family residence, it offers privacy, autonomy, and generally strong long-term appreciation potential in a residential setting.

Cons

CASH ONLY Requirement: The strict 'CASH ONLY' transaction requirement drastically limits the buyer pool, making it challenging to finance and potentially extending market time.
Age and Potential Condition Issues: Built in 1954, the property is 70 years old, suggesting a high likelihood of requiring substantial updates, repairs, and system replacements, which is further implied by the 'read disclaimers carefully' note.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may not meet the needs of many families or multiple occupants, potentially necessitating costly renovations to add another bathroom.

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