38446 Landon Avenue, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
ACTIVE$349,500
38446 Landon Avenue, Palmdale, California 93550
3Beds
2Baths
1,299Sqft
7,554Lot
Price Vs. Estimate
The estimated value ($325,439.545) is $24,060.455 (6%) lower than the list price ($349,500). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7554, living area = 1299.
Top Cons:
Requires Renovation (TLC): The property is described as needing 'some TLC,' indicating that significant renovations or repairs will be required to maximize its value and appeal.
Compared to the nearby listings
Price:$349.5K vs avg $465.0K ($-115,500)4%
Size:1,299 sqft vs avg 1,510.5 sqft31%
Price/sqft:$269 vs avg $30528%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this property is over 65 years old and explicitly described as needing 'some TLC' and being ideal for a 'fix and flip.' The exterior images confirm a neglected state with dated finishes, an unkempt yard, and visible debris. While a newer HVAC system is mentioned, the overall condition, age, and lack of interior photos (especially for key areas like the kitchen and bathrooms) strongly suggest that these spaces are severely outdated and require substantial repairs and rehabilitation, including major system replacements beyond just the HVAC. It falls short of a 'tear-down' as it's presented as a renovation opportunity, but it is far from move-in ready and requires significant investment to bring it to modern standards.
Year Built
1957
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$269
HOA
-
Days on market
-
Sold On
-
MLS number
SR25162052
Home ConditionPoor
Features
Good View: Valley
Patio
ViewValley
About this home
Opportunity knocks with this value-packed property featuring two units on one lot! The main home offers 3 bedrooms, 2 bathrooms, approximately 1,299 sqft of living space, an attached 2-car garage, and newer HVAC. Sitting on a spacious 7,552 sqft lot, there's room to grow and maximize value. In the back, you'll find a detached 1 bed, 1 bath unit with a private entrance and separate laundry hookups—perfect for rental income or extended family. With some TLC, this property is ideal for a fix and flip or a savvy investor looking to generate passive income. Tons of potential in a growing area of Palmdale—don’t miss this one!
Condition Rating
Poor
Built in 1957, this property is over 65 years old and explicitly described as needing 'some TLC' and being ideal for a 'fix and flip.' The exterior images confirm a neglected state with dated finishes, an unkempt yard, and visible debris. While a newer HVAC system is mentioned, the overall condition, age, and lack of interior photos (especially for key areas like the kitchen and bathrooms) strongly suggest that these spaces are severely outdated and require substantial repairs and rehabilitation, including major system replacements beyond just the HVAC. It falls short of a 'tear-down' as it's presented as a renovation opportunity, but it is far from move-in ready and requires significant investment to bring it to modern standards.
Pros & Cons
Pros
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 = 7554, living area = 1299.
Multi-Unit Property: Features two units on one lot, including a detached 1 bed, 1 bath unit with private entrance and laundry hookups, ideal for rental income or extended family living.
Investment Potential: Explicitly highlighted as an ideal opportunity for a fix and flip or for savvy investors seeking passive income in a growing area.
Newer HVAC System: The main home benefits from a newer HVAC system, reducing immediate concerns for a major mechanical component.
Spacious Lot Size: Sitting on a generous 7,552 sqft lot, providing ample room for outdoor activities, potential expansion, or maximizing value.
Attached 2-Car Garage: The main home includes an attached 2-car garage, offering convenient parking and additional storage space.
Cons
Requires Renovation (TLC): The property is described as needing 'some TLC,' indicating that significant renovations or repairs will be required to maximize its value and appeal.
Older Construction: Built in 1957, the property is over 65 years old, suggesting potential for outdated systems, finishes, and deferred maintenance beyond cosmetic updates.
Limited Information on Second Unit Condition: While a key asset, the description lacks specific details on the detached unit's current condition, implying it may also require substantial renovation work.