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38857 Rambler Avenue, Palmdale, California 93550, Palmdale, 93550 - 2 bed, 2 bath

38857 Rambler Avenue, Palmdale, California 93550 home-pic-0
ACTIVE$365,000
38857 Rambler Avenue, Palmdale, California 93550
2Beds
2Baths
1,412Sqft
7,207Lot
Year Built
1953
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$258
HOA
-
Days on market
-
Sold On
-
MLS number
SR25254600
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(17th), sqft - 1412(33th), beds - 2(83th), baths - 2(83th).

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!

Price History

Date
Event
Price
11/05/25
Listing
$365,000
06/19/13
Sold
$110,000
07/01/09
Sold
$78,500
02/25/09
Sold
$45,000
09/23/02
Sold
$74,000
09/20/02
Sold
$74,000
01/04/02
Sold
$10,000
Condition Rating
Fair
The property was built in 1953, making it over 70 years old. While the listing describes it as 'well-maintained,' there are no interior images provided, particularly for the kitchen and bathrooms. Given the age and the absence of any mention of recent renovations, it is highly probable that the interior finishes, kitchen appliances, and bathroom fixtures are significantly outdated, even if functional. The exterior appears maintained but dated. This aligns with the 'Fair' condition criteria, where the home is aged but maintained, and major components are functional but show signs of being outdated, requiring minor updates or repairs to meet modern standards.
Pros & Cons

Pros

Strong Investment Opportunity: The property is explicitly marketed as a lucrative addition for investors, offering dual income potential from its duplex configuration.
Duplex Configuration: Featuring two independent 1-bedroom, 1-bathroom units, this property provides diversified rental income and reduced vacancy risk for investors.
Spacious Lot: Nestled on a generous 7,207 sqft lot, the property offers ample outdoor space for tenants and potential for future expansion or value-add projects.
Central & Convenient Location: Strategically located in the heart of Palmdale, providing easy access to shops, major freeways, hospitals, parks, schools, and restaurants, enhancing rental appeal.
Well-Maintained Property: The description highlights the property as 'well-maintained,' suggesting a good current condition and potentially lower immediate repair costs for a new owner.

Cons

Age of Property & Systems: Built in 1953, the property is over 70 years old, which may indicate older infrastructure (plumbing, electrical, HVAC) that could require significant capital expenditures for updates or replacements in the future.
Small Unit Configuration: Each unit is a 1-bedroom, 1-bathroom, which might limit the tenant pool to singles or couples and could potentially restrict higher rental income compared to properties with larger unit layouts.
Lack of Specified Modern Updates: While 'well-maintained,' the description does not detail recent interior renovations or modern upgrades, suggesting units might be dated and could benefit from cosmetic or functional improvements to maximize rental value and tenant desirability.

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