There are multiple listings for this address:
38624 E 15th Street
Palmdale, CA, 93550
$1,099,000
Beds
0 Baths
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:
$1,099,000
MLS #:
225001808
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
plmpalmdale
Listed Date:
Apr 11, 2025
Lot Size:
35,270 sqft / 0.81 acres (approx)
Year Built:
1953
In Ground,privatePlmpalmdale

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Schools

Interior

Flooring
Carpet, Laminate

Exterior

Association Amenities
Pool
Parking Spots
2.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Palmdale as of Oct 21, 2025
8
Residential Income Listed
199
Avg DOM
$921,875
Avg List Price

Property Summary

    38624 E 15th Street Palmdale CA is a Residential Income for sale in Palmdale, CA, 93550. It is listed for $1,099,000

Similar Listings Nearby

38624 E 15th Street
Palmdale, CA
38624 E 15th Street
Palmdale, CA, 93550
$1,099,000
Beds
0 Baths
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:
$1,099,000
MLS #:
225001809
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
plmpalmdale
Listed Date:
Apr 11, 2025
Lot Size:
27,314 sqft / 0.63 acres (approx)
Year Built:
1953
In Ground,privatePlmpalmdale

Ask a Question

See this Listing

Send
  

Schools

Interior

Flooring
Carpet, Laminate

Exterior

Association Amenities
Pool
Parking Spots
2.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Palmdale as of Oct 21, 2025
8
Residential Income Listed
199
Avg DOM
$921,875
Avg List Price

Property Summary

    38624 E 15th Street Palmdale CA is a Residential Income for sale in Palmdale, CA, 93550. It is listed for $1,099,000

Similar Listings Nearby

broker reciprocity
MLS# 225001808broker reciprocity
38624 E 15th Street
Palmdale, CA

$1,099,000

0.0 miles away