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.
Property Details
Price:
$799,000
MLS #:
SR25070656
Status:
Active
Baths:
0
Address:
38635 E 5th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
plmpalmdale
City:
Palmdale
Listed Date:
Apr 7, 2025
State:
CA
ZIP:
93550
Lot Size:
7,976 sqft / 0.18 acres (approx)
Year Built:
1972
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
See Remarks
Fireplace Features
See Remarks
Heating
Forced Air
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Spots
4.00
Pool Features
None
Sewer
Other
Stories Total
2
View
None
Water Source
See Remarks
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity
Map
Community
- Address38635 E 5th Street Palmdale CA
- AreaPLM – Palmdale
- CityPalmdale
- CountyLos Angeles
- Zip Code93550
Similar Listings Nearby
- 38717 E 6th street
Palmdale, CA$975,000
0.11 miles away
- 38501 Larkin Avenue
Palmdale, CA$899,000
0.22 miles away
- 38564 E 5th Street
Palmdale, CA$860,000
0.11 miles away
- 120 E Avenue Q7
Palmdale, CA$859,000
0.53 miles away
- 558 E Avenue Q12
Palmdale, CA$735,000
0.74 miles away
- 2138 E Avenue Q6
Palmdale, CA$575,000
1.77 miles away
- 38466 E 12th Street
Palmdale, CA$570,000
0.85 miles away

38635 E 5th Street
Palmdale, CA
LIGHTBOX-IMAGES