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203 E Avenue R5 — Palmdale — 3 Beds • 3 Baths • 1,792 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+15 more

$380,000

60 DOM

$212/sqft3 bd3 ba1,792 sqft

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203 E Ave R5 Palmdale, CA 93550

6,642sqft lot

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.

MLS 26652149

818-995-2424 (Office) 818-201-6322 (Cell) alex@isabelvelezteam.com

Est. payment

$2,428/mo

Principal & interestTaxesInsurance

$1,921$396$111

Down %

Rate %

Years

Down payment: $76,000 · Total cost: $767,735

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,428/mo

Principal & interest: $1,921
Est. property tax: $396
Est. insurance: $111
Down payment: $76,000

Est. gross rent$1,583/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-845/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 14, 2026	$450,000	—

Facts & Features

Transaction Data

▼Price Reduced from $450,000 (−$70,000)

Structure & Property

Year Built1984

818-995-2424 (Office) 818-201-6322 (Cell) alex@isabelvelezteam.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

203 E Avenue R5, Palmdale, CA 93550

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Call

203 E Ave R5 Palmdale, CA 93550

About this home

Alexander Cabrera

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Alexander Cabrera

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

203 E Avenue R5, Palmdale, CA 93550

About This Property

Property Photos

203 E Ave R5 Palmdale, CA 93550

About this home

Alexander Cabrera

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Alexander Cabrera

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.