38898 Ocotillo
Palmdale, CA, 93551
$410,000
MLS: SR26020422
Beds
3
Baths
2
Sq Ft
974
Lot
0.13 ac
Year Built
1954
MLS #
SR26020422
Days on Market
71
Listed
Feb 4, 2026
Description
Welcome to this charming and well-maintained home featuring 3 bedrooms and 2 bathrooms—perfect for first-time homebuyers or anyone seeking a comfortable, move-in-ready property. Abundant natural light fills the interior, creating a warm and uplifting atmosphere throughout. The kitchen is enhanced with granite countertops, and the entire home has been freshly painted for a clean, modern feel. While the home is move-in ready, it also offers the opportunity for a buyer to add personal touches or updates over time. Both the primary and secondary bedrooms provide comfortable space and versatility, and generous storage throughout the home makes staying organized effortless. The living area features durable tile flooring, while the bedrooms and hallway offer stylish vinyl flooring for added comfort. Outside, the property offers exceptional functionality with two separate detached garages, ideal for parking, storage, or workshop space. The gated garage area adds an extra layer of privacy and security. The expansive, secluded backyard provides excellent potential for an ADU, creating opportunities for additional living space or future rental income. Conveniently located near the Antelope Valley Mall, dining options, everyday amenities, and within close proximity to Ocotillo Elementary School, this home blends comfort, practicality, and future potential—an ideal choice for a first-time buyer looking for value and opportunity.
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Shalini Grover · HomeSmart Evergreen Realty
Payment estimate
$3,148
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $41,000 · Loan: $369,000
- Principal & Interest
- $2,267
- Property tax (1.25%)
- $427
- Homeowners insurance
- $300
- Mortgage insurance
- $154
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 $14,350 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 93551 (Palmdale) within ±10% of this home's price and size.
Pending71 DOM$412,000
1132 W Ave P-14
Palmdale, 93551
$415,000
1549 Elizabeth Lake
Palmdale, 93551
$415,000
38893 Juniper Tree Rd
Palmdale, 93551
Active39 DOM$415,000
38893 Juniper Tree Road
Palmdale, 93551
Pending10 DOM$419,999
502 Hilltop Terrace
Palmdale, 93551
$419,999
502 Hilltop
Palmdale, 93551
★#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.