38857 9th Street E, Palmdale, California 93550, Palmdale, 93550 - bed, bath
ACTIVE$325,000
38857 9th Street E, Palmdale, California 93550
0Bed
0Bath
1,412Sqft
6,107Lot
Year Built
1953
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
DW25196242
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $325.0K(17th), sqft - 1412(33th), beds - undefined(50th), baths - undefined(50th).
Excellent investment opportunity! This tenant-occupied duplex offers steady rental income with significant upside potential. Two units with one bedroom, one bath, separate entrances, two car carport and two uncovered parking spaces. Both units are in need of updates, making it an ideal fixer for investors or buyers seeking to add value. Centrally and conveniently located near shopping, parks, schools, community amenities, and freeways, this property provides a strong foundation for long-term returns. Don’t miss your chance to transform this income-producing duplex into a high-performing asset.
Price History
Date
Event
Price
09/01/25
Listing
$325,000
Condition Rating
Poor
Built in 1953, this property is explicitly described as 'in need of updates' and an 'ideal fixer.' The exterior images reveal significant wear and tear, including weathered siding, an outdated swamp cooler, and general neglect in the yard. While tenant-occupied, indicating it's currently livable, the age and visible condition suggest substantial repairs and rehabilitation are required to bring it to a modern, comfortable standard. There's no evidence of recent major renovations, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Steady Rental Income: The property is tenant-occupied, offering immediate and consistent rental income for investors.
Significant Upside Potential: Described as an 'excellent investment opportunity' with 'significant upside potential' through value-add renovations.
Prime Location: Centrally and conveniently located near shopping, parks, schools, community amenities, and freeways, enhancing tenant appeal.
Value-Add Opportunity: Explicitly an 'ideal fixer' for investors or buyers seeking to add substantial value through property improvements.
Ample Parking: Includes a two-car carport and two additional uncovered parking spaces, a desirable amenity for tenants.
Cons
Extensive Renovation Needs: Both units are in need of updates, indicating a requirement for significant capital expenditure and renovation effort.
Older Property Condition: Built in 1953, the property likely has outdated systems and finishes, contributing to the need for substantial modernization.
Tenant-Occupied Renovation Challenges: Renovating a tenant-occupied property can present logistical challenges, potential income disruption, or require tenant relocation.