38242 7th Street
Palmdale, CA, 93551
$490,000
MLS: 26002981
Beds
3
Baths
2
Sq Ft
1,772
Lot
0.17 ac
Year Built
1981
MLS #
26002981
Days on Market
12
Listed
May 19, 2026
Description
Opportunity awaits! Elegant two story home in Palmdale, CA. All bedrooms downstairs', 3 bedrooms 2 full bathroom, large loft/flexible room, 1,772 sf of living space, year 1981, corner lot modern home. commuter-friendly with easy freeway. Conveniently located near schools, parks, shopping centers, Palmdale Regional Medical Center, and medical offices, this home is also access. Step inside to a spacious living room with cathedral ceilings and a cozy fireplace, creating a warm and inviting atmosphere.
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26080606
Listed by: Blanca Deleon · Keller Williams Realty A.V.
Payment estimate
$3,776
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,000 · Loan: $441,000
- Principal & Interest
- $2,782
- Property tax (1.25%)
- $510
- Homeowners insurance
- $300
- Mortgage insurance
- $184
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 4, 2026
- 30-year fixed
- 6.48%
- 15-year fixed
- 5.79%
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 $17,150 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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Also on CRMLS
Local Market Stats
See Palmdale, CA 93551 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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