Low cost maintenance and cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone.
Sold for $900,000 on 08/05/25
$900,000
38501 Larkin Ave, Palmdale, CA 93550
8beds
5baths
--sqft
Multi Family
Built in 1989
-- sqft lot
$899,900 Zestimate®
$--/sqft
$2,564 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 10:36am
Listed by:
Robert Proano DRE #01995853 310-429-4704,
Realty One Group
Bought with:
Robert Proano, DRE #01995853
Realty One Group
Source: GAVAR,MLS#: 25003666

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Property
Lot
- Size: 7,840 sqft
Details
- Parcel number: 3008015012
- Zoning: PDR3*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone Veneer
- Roof: Shingle
Condition
- Year built: 1989
Community & neighborhood
Location
- Region: Palmdale
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Services availability
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Estimated market value
$899,900