38635 5th St E Unit 1-4 Palmdale, CA 93550
Property details
About 38635 5th St E Unit 1-4
Introducing a prime investment opportunity at 38635 5th Street East, Palmdale, CA 93550. This well-maintained quadruplex, built in 1972, offers a total of 3,120 square feet of living space across four units, each featuring 2 bedrooms and 1 bathroom. The property sits on a 7,975-square-foot lot and includes amenities such as forced air heating, central cooling, and community laundry facilities. Its desirable location provides easy access to local amenities, making it an attractive option for tenants and a lucrative addition to any investment portfolio. Enjoy the huge return with 5%+ CAP rate and potential to increase rent to current market values.
Highlights
Summary
- MLS Number: SR25070656
- MLS Name: CRMLS
- Office Name: Mamdouh Elalami
- Office Phone: (805) 558-6069
- Listing Agent: Seven Star Properties
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/17/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$799,000
38635 5th St E Unit 1-4
$9,488
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
3
Yucca Elementary School
Public District KG-5
0.4 mi
•38440 2nd St E
5
Palm Tree Elementary School
Public District KG-5
1.0 mi
•326 E Avenue R
5
Tumbleweed Elementary School
Public District KG-5
1.3 mi
•1100 E Avenue R4
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,653. Residents of Palmdale, CA typically earn less than $<35k each year. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC- Pro Boxing
Pro Wrestling
Where do the neighbors shop?
Family Dollar
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Burger King
Popeyes
Cicis Pizza
What do the neighbors drive?
Buick
Dodge
Pontiac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
This home is located at 38635 5th St E Unit 1-4 in Palmdale, CA and zip code 93550. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $799,000.
In March 2025, from all listings sold in Palmdale, CA there were more than 43 sold above asking price, over 30 sold below and more than 31 were sold right at the asked price. Between February and March 2025, Palmdale, CA real estate market has seen increase in the number of listings by 17.8%. In March 2025 median list price was $523,947 and the average listing age was 56 days.