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
56
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
$3,613
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $39,900 · Loan: $359,100
Average 30-yr fixed rate 6.49% as of Jul 9, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,267
- Property tax (1.25%)
- $416
- Homeowners insurance
- $300
- Mortgage insurance
- $150
- HOA dues
- $480
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 Jul 9, 2026
- 30-year fixed
- 6.49%
- 15-year fixed
- 5.82%
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. As a local Palmdale Realtor since 2005, Mike Watson knows how Rancho Vista, Anaverde, and the east-side tracts price out and which ZIP fits your budget. 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.
Similar Homes Nearby
Active and pending listings in ZIP 93552 (Palmdale)within ±10% of this home's price and size.
$369,777
6129 Lighthouse
Palmdale, 93552
Also on GAVAR
Active0 DOM$375,000
4821 Essex Drive
Palmdale, 93552
$390,000
37940 42nd Street E 125
Palmdale, 93552
$398,000
37819 Noble Court
Palmdale, 93552
Also on GAVAR
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.
★#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.