38624 15th Street E, Palmdale, CA 93550

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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#:225001809
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- 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:127 day(s) ago
  • Updated:August 18, 2025 at 02:21 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:0.63 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 18, 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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