38624 15th Street E, Palmdale, CA 93550

Local realty services provided by:ERA Excel Realty
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38624 15th Street E,Palmdale, CA 93550
$1,099,000
  • 12 Beds
  • 7 Baths
  • 3,629 sq. ft.
  • Multi-family
  • Active
Listed by:samir rafeh
Office:exp realty of california inc
MLS#:225001808
Source:CRMLS

Price summary

  • Price:$1,099,000
  • Price per sq. ft.:$302.84

About this home

Seller Will payoff Solar before close of escrow Investment Property Discretion Summary Location 38624 15th St East, Palmdale, CA 93550 Parcels: 2 (Combined Use) Property Type Mixed (3 Homes + 2 Mobile Homes) Total Monthly Income $8,900 Positioning: Heart of Palmdale (Prime Urban Location) Key Highlights for DiscretionStrong Cash Flow** $8,900/month gross income offers immediate ROI potential. - Versatile tenant options (residential or blended use). Strategic Location** Urban center proximity ensures high demand for housing/rentals. Access to amenities (transit, schools, retail) enhances tenant retention. Dual-Parcel Flexibility Subdivision potential (sell/develop parcels separately). -Expansion options (e.g., ADUs, lot splits per local zoning). 4. Hybrid Housing Model - Traditional homes attract long-term tenants; mobile homes cater to affordable housing demand. Diversified income reduces vacancy risk. Value-Add Opportunities Renovate

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Home facts

  • Year built:1953
  • Listing Id #:225001808
  • Added:132 day(s) ago
  • Updated:August 23, 2025 at 01:13 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:3,629 sq. ft.

Structure and exterior

  • Year built:1953
  • Building area:3,629 sq. ft.
  • Lot area:0.81 Acres

Finances and disclosures

  • Price:$1,099,000
  • Price per sq. ft.:$302.84
Based on information from California Regional Multiple Listing Service, Inc. as of August 23, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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