38628 Larkin Avenue, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 1 bath
ACTIVE$379,900
38628 Larkin Avenue, Palmdale, California 93550
3Beds
1Bath
828Sqft
8,072Lot
Price Vs. Estimate
The estimated value ($339,707.66) is $40,192.34 (10%) lower than the list price ($379,900). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The property features a large PDR3 lot with significant potential to build additional units, offering excellent investment opportunities.
Top Cons:
Limited Bathroom Count: The property offers only one bathroom for three bedrooms, which may be inconvenient for families or multiple occupants.
Compared to the nearby listings
Price:$379.9K vs avg $465.0K ($-85,100)11%
Size:828 sqft vs avg 1,510.5 sqft3%
Price/sqft:$459 vs avg $30697%
More Insights
Built in 1955 (70 years old).
Condition: Built in 1955, this property is 69 years old. While the listing states it has been 'well kept' and features a brand new septic system, the lack of interior photos, combined with the age, strongly suggests that the kitchen and bathroom are significantly outdated in style and features, requiring minor to moderate updates. The visible exterior elements, such as the windows and the roof-mounted cooling unit, also appear dated. The property is functional but shows clear signs of its age and would benefit from renovations to meet current quality standards.
Year Built
1955
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
CV25159235
Home ConditionFair
Features
View-
About this home
Attention all Buyers and Investors, Come take a look at this awesome property that offers 3 bedroom 1 bath and sits on a large PDR3 lot (per tax record) with potential to build additional units in the back. This property has a been well kept and has a brand new septic system that was installed a little over a year ago per seller. The property is conveniently located minutes away from freeways, shopping centers, transportation, restaurants, super markets and lots more to mention. Do not miss this opportunity to own this home with all the amenities City of Palmdale has to offer!
Condition Rating
Fair
Built in 1955, this property is 69 years old. While the listing states it has been 'well kept' and features a brand new septic system, the lack of interior photos, combined with the age, strongly suggests that the kitchen and bathroom are significantly outdated in style and features, requiring minor to moderate updates. The visible exterior elements, such as the windows and the roof-mounted cooling unit, also appear dated. The property is functional but shows clear signs of its age and would benefit from renovations to meet current quality standards.
Pros & Cons
Pros
Development Potential: The property features a large PDR3 lot with significant potential to build additional units, offering excellent investment opportunities.
Recent Major Upgrade: A brand new septic system was installed just over a year ago, mitigating a common major expense for buyers.
Convenient Location: Strategically located minutes from freeways, shopping centers, transportation, restaurants, and supermarkets, enhancing daily convenience.
Investor Appeal: Explicitly marketed to both buyers and investors, highlighting its potential for future development and value appreciation.
Well-Maintained Condition: Despite its age, the property is described as 'well kept,' suggesting good owner maintenance and care.
Cons
Limited Bathroom Count: The property offers only one bathroom for three bedrooms, which may be inconvenient for families or multiple occupants.
Compact Living Space: With 828 square feet for three bedrooms, the interior living space is relatively small, potentially limiting comfort or functionality.
Age of Property: Built in 1955, the home's age may imply older systems or require future updates to meet modern aesthetic and efficiency standards.