There are multiple listings for this address:
38624 15th E ST
Palmdale, CA, 93550
$1,025,000
12 Beds
7 Baths
3,629 SqFt
0.81 Acres
Add
MLS #225001808 image #0MLS #225001808 image #1MLS #225001808 image #2MLS #225001808 image #3MLS #225001808 image #4MLS #225001808 image #5MLS #225001808 image #6MLS #225001808 image #7MLS #225001808 image #8MLS #225001808 image #9MLS #225001808 image #10MLS #225001808 image #11MLS #225001808 image #12
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
PoolPlmPlm

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Schools

Interior

Bathrooms
7 Full Bathrooms
Flooring
LAM, CARP

Exterior

Parking Spots
2

Financial

Map

Community

Subdivisions in Palmdale

Market Summary

Current real estate data for Single Family in Palmdale as of Nov 30, 2025
325
Single Family Listed
61
Avg DOM
261
Avg $ / SqFt
$510,560
Avg List Price

Property Summary

    38624 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 $261. The average listing price for Single Family in Palmdale is $510,560.

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38624 15th E ST
Palmdale, CA
38624 15th E ST
Palmdale, CA, 93550
$1,025,000
12 Beds
7 Baths
3,629 SqFt
0.63 Acres
Add
MLS #225001809 image #0MLS #225001809 image #1MLS #225001809 image #2MLS #225001809 image #3MLS #225001809 image #4MLS #225001809 image #5MLS #225001809 image #6MLS #225001809 image #7MLS #225001809 image #8MLS #225001809 image #9MLS #225001809 image #10MLS #225001809 image #11MLS #225001809 image #12
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
PoolPlmPlm

Ask a Question

See this Listing

Send
  

Schools

Interior

Bathrooms
7 Full Bathrooms
Flooring
LAM, CARP

Exterior

Parking Spots
2

Financial

Map

Community

Subdivisions in Palmdale

Market Summary

Current real estate data for Single Family in Palmdale as of Nov 30, 2025
325
Single Family Listed
61
Avg DOM
261
Avg $ / SqFt
$510,560
Avg List Price

Property Summary

    38624 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 $261. The average listing price for Single Family in Palmdale is $510,560.

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broker reciprocity
MLS# SR25142287broker reciprocity
36406 Geiger AV Lot 18
Palmdale, CA

$1,225,000

3.5 miles away

broker reciprocity
MLS# SR25151976broker reciprocity
Westlake DR Lot 4
Palmdale, CA

$1,199,900

3.1 miles away

broker reciprocity
MLS# SR25181717broker reciprocity
1532 W Avenue N Lot 7
Palmdale, CA

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broker reciprocity
MLS# DW25232373broker reciprocity
345 Lakeview Lot 13
Palmdale, CA

$999,000

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broker reciprocity
MLS# SR25259714broker reciprocity
38503 Larkin AV Lot 131
Palmdale, CA

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1.1 miles away

broker reciprocity
MLS# SR25228116broker reciprocity
2318 Desert Agave ST Lot 97
Palmdale, CA

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4.0 miles away

broker reciprocity
MLS# SR25251650broker reciprocity
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Palmdale, CA

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broker reciprocity
MLS# SR25228112broker reciprocity
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4.0 miles away