118 E Avenue R3
Palmdale, CA, 93550
$485,000
MLS: 26004581
Beds
3
Baths
3
Sq Ft
1,792
Lot
0.15 ac
Year Built
1984
MLS #
26004581
Days on Market
1
Listed
Jun 11, 2026
Description
Welcome to this spacious and move-in ready Palmdale home offering comfort, flexibility, and commuter convenience. Featuring 3 bedrooms, a large loft +bonus room, 3 bathrooms,, this versatile floor plan offers the potential for up to 5 bedrooms to accommodate a variety of living needs. The sky lights bring natural light through out the day. The well-designed layout provides ample space for entertaining, working from home, multi-generational living, or growing families. Outside, enjoy mature shade trees, fruit trees, beautiful rose bushes, and outstanding curb appeal that creates a warm and inviting first impression. Conveniently located near schools, parks, soccer fields, coffee shops, shopping, and popular hiking trails. Easy access to major freeways and Highway 138 makes commuting simple, while proximity to Plant 42, aerospace employers, and Boeing facilities adds to the home's appeal. Whether you're looking for extra space, a flexible floor plan, or a convenient location close to everyday amenities, this property offers exceptional value and opportunity. First-time homebuyers may qualify for low down payment financing and down payment assistance programs, grant programs. Buyers are encouraged to consult with their lender regarding available programs and eligibility requirements. Offered at $485,000. Schedule your private showing today and discover all the possibilities this home has to offer.
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Listed by: Virginia Diaz · Keller Williams Realty A.V.
Payment estimate
$3,752
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,500 · Loan: $436,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,765
- Property tax (1.25%)
- $505
- Homeowners insurance
- $300
- Mortgage insurance
- $182
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale runs the gamut from the foothill estates of West Palmdale (93551) — Rancho Vista, Anaverde, and the desirable hill-side communities — to the value-priced newer construction of East Palmdale (93552). Central Palmdale (93550) covers the original part of the city and the Civic Center, and 93591 picks up the Llano border. Active listings across all four ZIPs are below. If you are evaluating homes in Palmdale, Mike Watson lives and works the Palmdale market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Palmdale home with as little as 3.5% down using an FHA loan — roughly $16,975 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 93550 (Palmdale)within ±10% of this home's price and size.
$438,000
38906 10th St E E
Palmdale, 93550
$449,900
2309 Gregory
Palmdale, 93550
Also on GAVAR
Active22 DOM$449,900
149 Asusena Drive
Palmdale, 93550
Also on CRMLS
$450,000
40123 Casillo Rd
Palmdale, 93550
Local Market Stats
See Palmdale, CA 93550 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.