Discover this exceptional 5-unit corner lot apartment complex, a true pride of ownership. The property boasts a fully gated premises, energy-efficient windows, and drought-tolerant landscaping. Each 1-bedroom unit has been thoughtfully renovated and includes detached garages. Located in a residential area, this complex offers easy access to grocery stores, retail shopping centers, Palmdale Transit Village, and Palmdale Regional Medical Center. Each unit features open and spacious floorplans with ample storage, updated appliances, and modern fixtures. Don’t miss this opportunity to own a well-maintained, income-producing property in a highly desirable location!
Sold for $780,000 on 06/16/25
Listing Provided by:
Arturo Sequeira DRE #01429872 661-312-9877,
Skycastle Properties
$780,000
38564 5th St E, Palmdale, CA 93550
4beds
5baths
3,912sqft
Mixed Use
Built in 1983
-- sqft lot
$777,200 Zestimate®
$199/sqft
$2,364 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 11:33am
Listing Provided by:
Arturo Sequeira DRE #01429872 661-312-9877,
Skycastle Properties
Bought with:
Scharme Grider, DRE #02065869
Equity Union
Jessica Lane, DRE #01397899
Equity Union
Source: CRMLS,MLS#: SR24254504
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave
- Laundry: Common Area
Features
- Granite Counters, Open Floorplan, Bedroom on Main Level
- Flooring: Laminate, Tile
- Doors: Panel Doors
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,912
- Total interior livable area: 3,912 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Door-Multi, Garage
- Garage spaces: 4
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition,Privacy,Security,Stucco Wall,Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7,462 sqft
- Features: Corner Lot
Details
- Parcel number: 3008013039
- Zoning: PDR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
Materials
- Stucco, Copper Plumbing
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Security Lights
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated
Location
- Region: Palmdale
HOA & financial
Other financial information
- Total actual rent: 65056
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$777,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$777,200