38857 Rambler Avenue, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath
ACTIVE$375,000
38857 Rambler Avenue, Palmdale, California 93550
2Beds
2Baths
1,412Sqft
7,207Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment-Ready Duplex: The property is explicitly designed for investors, offering two independent 1-bedroom, 1-bathroom units, providing a clear path to rental income and portfolio diversification.
Top Cons:
Age of Property: Built in 1953, the property is over 70 years old, which may imply the need for future updates to major systems (plumbing, electrical, HVAC) or higher ongoing maintenance costs.
Compared to the nearby listings
Price:$375.0K vs avg $837.5K ($-462,500)17%
Size:1,412 sqft vs avg 3,601 sqft33%
Price/sqft:$266 vs avg $24267%
More Insights
Built in 1953 (72 years old).
Condition: Built in 1953, this property shows significant age with no apparent major renovations in many decades. The kitchen features extremely dated cabinets, countertops, and likely appliances, requiring a full gut renovation. Bathrooms are similarly outdated with old vanities, fixtures, and tile. Flooring throughout appears to be older linoleum/vinyl, and cooling is provided by wall-mounted units, indicating a lack of modern central HVAC. While the property appears structurally sound, its major systems and interior finishes require substantial rehabilitation to meet contemporary living standards and comfort, aligning with a 'poor' condition.
Year Built
1953
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$266
HOA
-
Days on market
-
Sold On
-
MLS number
SR25098390
Home ConditionPoor
Features
View-
About this home
Discover this charming duplex, perfectly designed for investors seeking a lucrative addition to their portfolio. Each unit features a cozy one bedroom and one bath, ensuring comfort and privacy. Nestled on a spacious lot, this well-maintained property boasts ample outdoor space for relaxation or potential expansion. Centrally located in the heart of Palmdale, you'll enjoy the convenience of being close to a variety of amenities. Within minutes, you can access shops, major freeways, hospitals, parks, schools, and delightful restaurants. This prime location enhances both rental appeal and lifestyle. Don't miss out on this exceptional investment opportunity!
Condition Rating
Poor
Built in 1953, this property shows significant age with no apparent major renovations in many decades. The kitchen features extremely dated cabinets, countertops, and likely appliances, requiring a full gut renovation. Bathrooms are similarly outdated with old vanities, fixtures, and tile. Flooring throughout appears to be older linoleum/vinyl, and cooling is provided by wall-mounted units, indicating a lack of modern central HVAC. While the property appears structurally sound, its major systems and interior finishes require substantial rehabilitation to meet contemporary living standards and comfort, aligning with a 'poor' condition.
Pros & Cons
Pros
Investment-Ready Duplex: The property is explicitly designed for investors, offering two independent 1-bedroom, 1-bathroom units, providing a clear path to rental income and portfolio diversification.
Prime Central Location: Centrally located in Palmdale, the property offers convenient access to shops, major freeways, hospitals, parks, schools, and restaurants, enhancing its rental appeal and tenant desirability.
Spacious Lot with Expansion Potential: Situated on a generous 7,207 sqft lot, the property provides ample outdoor space for relaxation or potential future expansion, adding long-term value.
Well-Maintained Condition: Described as 'well-maintained,' this suggests a property that has been cared for, potentially reducing immediate capital expenditures for a new owner.
Consistent Rental Demand: The 1-bedroom, 1-bathroom unit configuration typically caters to a broad tenant base, including singles and couples, ensuring steady rental demand and occupancy.
Cons
Age of Property: Built in 1953, the property is over 70 years old, which may imply the need for future updates to major systems (plumbing, electrical, HVAC) or higher ongoing maintenance costs.
No Notable Views: The property description indicates 'None' for views, meaning it lacks a premium feature that could otherwise enhance its market value or appeal.
Limited Unit Size Appeal: Each unit being a 1-bedroom, 1-bathroom limits the potential tenant pool primarily to individuals or couples, potentially excluding families seeking larger living spaces.