38615 E 22nd Street
Palmdale, CA, 93550
$300,000
MLS: 26002625
Beds
3
Baths
1
Sq Ft
1,042
Lot
0.15 ac
Year Built
1954
MLS #
26002625
Days on Market
6
Listed
Apr 1, 2026
Description
Opportunity awaits with this 3-bedroom, 1-bath home offering great potential for the right buyer. Featuring a functional layout and a spacious backyard, this property is ideal for those looking to renovate, expand, or create their own outdoor retreat. Conveniently located near shopping, schools, and everyday amenities, the home offers a desirable setting with easy access to local conveniences. Property needs work and is priced accordingly--perfect for investors, flippers, or buyers ready to add their personal touch.
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Listed by: Trina Engle · RE/MAX All-Pro
Payment estimate
$2,384
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $30,000 · Loan: $270,000
- Principal & Interest
- $1,659
- Property tax (1.25%)
- $313
- Homeowners insurance
- $300
- Mortgage insurance
- $113
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 $10,500 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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