38624 15th Street E, Palmdale, CA 93550

Local realty services provided by:ERA Carlile Realty Group
38624 15th Street E,Palmdale, CA 93550
$1,025,000
  • 12 Beds
  • 7 Baths
  • 3,629 sq. ft.
  • Multi-family
  • Active
Listed by:samir rafeh
Office:exp realty of california inc
MLS#:225001809
Source:CRMLS

Price summary

  • Price:$1,025,000
  • Price per sq. ft.:$282.45

About this home

Seller Will payoff Solar before close of escrow Investment Property Discretion Summary Location 38624- 38622 15th St East, Palmdale, CA 93550 3 Parcel In APN# 3015 015 039 & Parcel APN #2 3015 015 040 3RD # 3015 015 049 Property Type Mixed (3 Homes + 2 Mobile Homes) Total Monthly Income $8,900 Positioning: Heart of Palmdale (Prime Urban Location) Strong 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). 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 #:225001809
  • Added:171 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

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:0.63 Acres

Finances and disclosures

  • Price:$1,025,000
  • Price per sq. ft.:$282.45
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