There are multiple listings for this address:
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 mobile homes for higher rents or convert to tiny homes. Explore city incentives for multi-family or mixed-use development. Market Resilience , Palmdale’s growth (AV Valley demand, proximity to LA) supports appreciation. Scarcity of centrally located multi-unit properties boosts long-term value, Discretionary ConsiderationsZoning Verify allowable uses (e.g., R3 for multi-family, mobile home ordinances). -Expenses: Factor in maintenance (mobile homes require upkeep) and property management, Tenant Mix: Screen for stable occupancy (e.g., Section 8 vouchers for mobile homes). Exit Strategies: Hold for cash flow, sell parcels individually, or redevelop. 3 Parcels Target Audience Buyers seeking cash flow, developers eyeing infill potential, or landlords wanting a turnkey portfolio starter. Final Note A rare blend of income, location, and adaptability ideal for hands-on or passive investors. Would you like a financial breakdown (cap rate, NOI, etc.) or comps to refine discretion further?
Property Details
Price:
$1,025,000
MLS #:
225001808
Status:
Active
Beds:
12
Baths:
7
Type:
Single Family
Neighborhood:
plm
Listed Date:
Apr 12, 2025
Finished Sq Ft:
3,629
Lot Size:
35,270 sqft / 0.81 acres (approx)
Year Built:
1953
See this Listing
Schools
Interior
Bathrooms
7 Full Bathrooms
Flooring
LAM, CARP
Exterior
Parking Spots
2
Financial
Map
Community
- Address15th E ST Palmdale CA
- CityPalmdale
- CountyLos Angeles
- Zip Code93550
Market Summary
Current real estate data for Single Family in Palmdale as of Nov 01, 2025
320
Single Family Listed
51
Avg DOM
257
Avg $ / SqFt
$519,702
Avg List Price
Property Summary
- 15th E ST Palmdale CA is a Single Family for sale in Palmdale, CA, 93550. It is listed for $1,025,000 and features 12 beds, 7 baths, and has approximately 3,629 square feet of living space, and was originally constructed in 1953. The current price per square foot is $282. The average price per square foot for Single Family listings in Palmdale is $257. The average listing price for Single Family in Palmdale is $519,702.
Similar Listings Nearby
15th E ST
Palmdale, CA
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 mobile homes for higher rents or convert to tiny homes. Explore city incentives for multi-family or mixed-use development. Market Resilience , Palmdale’s growth (AV Valley demand, proximity to LA) supports appreciation. Scarcity of centrally located multi-unit properties boosts long-term value, Discretionary ConsiderationsZoning Verify allowable uses (e.g., R3 for multi-family, mobile home ordinances). -Expenses: Factor in maintenance (mobile homes require upkeep) and property management, Tenant Mix: Screen for stable occupancy (e.g., Section 8 vouchers for mobile homes). Exit Strategies: Hold for cash flow, sell parcels individually, or redevelop. 3 Parcels Target Audience Buyers seeking cash flow, developers eyeing infill potential, or landlords wanting a turnkey portfolio starter. Final Note A rare blend of income, location, and adaptability ideal for hands-on or passive investors. Would you like a financial breakdown (cap rate, NOI, etc.) or comps to refine discretion further?
Property Details
Price:
$1,025,000
MLS #:
225001809
Status:
Active
Beds:
12
Baths:
7
Type:
Single Family
Neighborhood:
plm
Listed Date:
Apr 12, 2025
Finished Sq Ft:
3,629
Lot Size:
27,314 sqft / 0.63 acres (approx)
Year Built:
1953
See this Listing
Schools
Interior
Bathrooms
7 Full Bathrooms
Flooring
LAM, CARP
Exterior
Parking Spots
2
Financial
Map
Community
- Address15th E ST Palmdale CA
- CityPalmdale
- CountyLos Angeles
- Zip Code93550
Market Summary
Current real estate data for Single Family in Palmdale as of Nov 01, 2025
320
Single Family Listed
51
Avg DOM
257
Avg $ / SqFt
$519,702
Avg List Price
Property Summary
- 15th E ST Palmdale CA is a Single Family for sale in Palmdale, CA, 93550. It is listed for $1,025,000 and features 12 beds, 7 baths, and has approximately 3,629 square feet of living space, and was originally constructed in 1953. The current price per square foot is $282. The average price per square foot for Single Family listings in Palmdale is $257. The average listing price for Single Family in Palmdale is $519,702.


