38633 Lemsford Avenue
Palmdale, CA, 93550
$249,000
MLS: OC26201427
Beds
4
Baths
2
Sq Ft
1,278
Lot
0.17 ac
Year Built
1956
MLS #
OC26201427
Days on Market
21
Listed
Sep 14, 2026
Description
Palmdale Fixer with Excellent Investment Potential! Opportunity awaits with this 4-bedroom, 2-bathroom home offering approximately 1,278 square feet of living space on a generous 7,243 square foot lot. The property is ready for renovation and is best suited for an experienced investor, contractor, or buyer with the vision and resources to bring it back to its full potential. With four bedrooms, an attached two-car garage, and ample lot space, the property offers a strong foundation for improvement and significant upside for the right buyer. Located in an established Palmdale neighborhood, the home is conveniently situated near local schools, parks, shopping, dining, and everyday amenities, with easy access to Palmdale Boulevard and major routes throughout the Antelope Valley. Whether intended for renovation and resale, a long-term investment, or a future residence, this property presents a compelling opportunity to add value in a well-connected Palmdale location.
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Listed by: Ruben Martinez · Fiduciary Real Estate Services
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,180
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $24,900 · Loan: $224,100
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,527
- Property tax (1.25%)
- $259
- Homeowners insurance
- $300
- Mortgage insurance
- $93
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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale fits buyers who want Plant 42 access, west-side foothill streets in 93551, or east-of-the-14 value. The side of town matters more than the city slogan. Anaverde and Rancho Vista share 93551 and do not share the same HOA or tax bill. Central Palmdale is 93550. East Palmdale includes 93552 and 93591. Mike Watson, Keller Williams in Palmdale, DRE #01712313, licensed since 2005, prices those pockets separately. Open the west or east hub first. If Edwards is also in the household, use the two-gate housing guide next to the Plant 42 page. 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 $8,715 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 93550 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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