123-37940 42nd E
Palmdale, CA, 93552
$399,000
MLS: CV26065569
Beds
3
Baths
3
Sq Ft
1,303
Lot
6.23 ac
Year Built
1990
MLS #
CV26065569
Days on Market
3
Listed
Mar 28, 2026
Description
Welcome to this beautifully maintained 3-bedroom, 2.5-bath condo located in a desirable gated area. just 12 minutes from the freeway and conveniently close to markets, gas stations, and shopping centers. This two-story home features a functional floor plan including one half bath, a full Jack & Jill bathroom, and a private full bathroom in the primary suite. Amenities include a pool and recreation room, all within a quiet and well-kept neighborhood. Interior highlights include high ceilings, modern ceiling fans, and an updated kitchen with quartz countertops and refreshed cabinetry. The spacious patio features a fresh concrete surface, providing ample space for outdoor seating, fire pit, and BBQ area. Property includes a 2-car garage plus additional parking suitable for guests or extra vehicles.
Location
Palmdale, Los Angeles County, CA 93552
Open on Google Maps ↗Listed by: Alexia Chinchilla · THE GREAT REAL ESTATE COMPANY
Payment estimate
$3,142
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $39,900 · Loan: $359,100
- Principal & Interest
- $2,277
- Property tax (1.25%)
- $416
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 May 28, 2026
- 30-year fixed
- 6.53%
- 15-year fixed
- 5.87%
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 $13,965 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.
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Local Market Stats
See Palmdale, CA 93552 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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