40251 Fieldspring St Palmdale, CA 93591
Highlights
- Mountain View
- Spanish Architecture
- Hiking Trails
- Wood Flooring
- No HOA
- 2 Car Direct Access Garage
About This Home
Investor Special in Lake Los Angeles Opportunity knocks with this 3-bed, 2-bath single-family home situated on an expansive 0.58-acre lot in the growing Lake Los Angeles market. Offering approximately 1,340 sq. ft. of living space, this property features a functional single-story layout with solid bones and a two-car attached garage, making it an ideal candidate for renovation, value-add, or long-term rental strategy. The generous lot size provides flexibility for expansion, ADU potential (buyer to verify), RV parking, or outdoor improvements that can significantly enhance resale value. This is a true equity play for investors seeking strong upside in an affordable entry point market. With cosmetic updates to the kitchen, baths, flooring, and exterior, this home has the potential to deliver a compelling ARV in a market with increasing demand for renovated inventory. Quiet rural setting, wide streets, and large parcels add to long-term desirability. Bring your contractor and your vision — this is a prime fix-and-flip or buy-and-hold opportunity with room to create substantial equity.
Listing Agent
Alta Realty Group CA, Inc. Brokerage Phone: 661-345-0766 License #01981887 Listed on: 01/29/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1988
Lot Details
- 0.58 Acre Lot
- Desert faces the back of the property
- Brick Fence
- Rectangular Lot
- Property is zoned LCR3*
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Mountain
- Hills
Home Design
- Spanish Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Fixer Upper
- Slab Foundation
- Fire Rated Drywall
- Tile Roof
- Clapboard
- Stucco
Interior Spaces
- 1,340 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- Living Room
- Dining Room
Kitchen
- Gas Oven
- Microwave
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Outdoor Features
- Concrete Porch or Patio
Schools
- Tahquitz High School
Utilities
- Evaporated cooling system
- Central Heating
- Source of electricity is unknown
- Gas Water Heater
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 25
- Tax Tract Number 28486
- Assessor Parcel Number 3073004015
- $282 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Horse Trails
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,072 | $245,410 | $76,858 | $168,552 |
| 2024 | $3,072 | $240,599 | $75,351 | $165,248 |
| 2023 | $3,030 | $235,882 | $73,874 | $162,008 |
| 2022 | $2,985 | $231,258 | $72,426 | $158,832 |
| 2021 | $2,923 | $226,724 | $71,006 | $155,718 |
| 2019 | $2,831 | $220,000 | $68,900 | $151,100 |
| 2018 | $1,640 | $120,360 | $24,072 | $96,288 |
| 2016 | $1,517 | $113,907 | $34,172 | $79,735 |
| 2015 | $1,495 | $112,197 | $33,659 | $78,538 |
| 2014 | $1,495 | $110,000 | $33,000 | $77,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/18/2026 02/18/26 | Pending | -- | -- | -- | |
| 02/12/2026 02/12/26 | For Sale | $360,000 | 0.0% | $269 / Sq Ft | |
| 01/30/2026 01/30/26 | Off Market | $360,000 | -- | -- | |
| 01/29/2026 01/29/26 | For Sale | $360,000 | +63.6% | $269 / Sq Ft | |
| 10/05/2018 10/05/18 | Sold | $220,000 | -7.9% | $164 / Sq Ft | View Prior Sale |
| 08/13/2018 08/13/18 | Pending | -- | -- | -- | |
| 03/25/2018 03/25/18 | For Sale | $239,000 | +117.3% | $178 / Sq Ft | |
| 09/06/2013 09/06/13 | Sold | $110,000 | 0.0% | $82 / Sq Ft | View Prior Sale |
| 08/01/2013 08/01/13 | Pending | -- | -- | -- | |
| 07/01/2013 07/01/13 | For Sale | $110,000 | +83.3% | $82 / Sq Ft | |
| 01/15/2013 01/15/13 | Sold | $60,000 | -7.7% | $45 / Sq Ft | View Prior Sale |
| 12/25/2012 12/25/12 | Pending | -- | -- | -- | |
| 11/05/2012 11/05/12 | For Sale | $65,000 | 0.0% | $49 / Sq Ft | |
| 11/05/2012 11/05/12 | Price Changed | $65,000 | +30.0% | $49 / Sq Ft | |
| 08/22/2012 08/22/12 | Pending | -- | -- | -- | |
| 08/01/2012 08/01/12 | For Sale | $50,000 | -- | $37 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $220,000 | Lawyers Title Insurance Comp | |
| Grant Deed | $118,000 | First American Title | |
| Grant Deed | $110,000 | Chicago Title Company | |
| Trustee Deed | $71,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | $49,500 | Fidelity National Title | |
| Grant Deed | -- | Benefit Land Title Ins Co | |
| Trustee Deed | $102,438 | Benefit Land Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $216,015 | FHA | |
| Previous Owner | $108,007 | FHA | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $42,075 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26019670
APN: 3073-004-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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