Under ContractSingleFamilyResidence

203 E Avenue R5

Palmdale, CA, 93550

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$380,000

MLS: 26652149

Beds

3

Baths

3

Sq Ft

1,792

Lot

0.15 ac

Year Built

1984

MLS #

26652149

Days on Market

60

Listed

Feb 14, 2026

Description

Great opportunity to own this 3-bedroom, 3-bath home in a sought-after Palmdale neighborhood. This property offers a spacious layout, abundant natural light, and strong upside for buyers looking to renovate and add value. Upon entry, the formal living room features an open, bright layout with a brick fireplace and flows into the dining area, creating an inviting space for everyday living and entertaining. The kitchen and bathrooms have been updated over time, and the functional floor plan includes a main-level bonus office/den and a guest bath with laundry access. Upstairs, the primary suite offers generous space, vaulted ceilings, and an en suite bath. Two additional bedrooms also feature vaulted ceilings and share a full hallway bathroom. The backyard is a blank canvas ready for customization, ideal for entertaining, landscaping, or future enhancements. Perfect for investors, contractors, or buyers looking to personalize a home to their taste. Don't miss the opportunity to unlock this property's full potential.

Location

Palmdale, Los Angeles County, CA 93550

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Listed by: Alexander Cabrera · Coldwell Banker Realty

Payment estimate

$2,940

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $38,000 · Loan: $342,000

%
Principal & Interest
$2,101
Property tax (1.25%)
$396
Homeowners insurance
$300
Mortgage insurance
$143
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $13,300 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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