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.
Off market
Listing Provided by:
$777,700
38635 5th St E APT 1-4, Palmdale, CA 93550
--beds
--baths
3,120sqft
Quadruplex
Built in 1972
-- sqft lot
$777,700 Zestimate®
$249/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 10:54am
Source: CRMLS,MLS#: SR25070656
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Forced Air
Cooling
- See Remarks
Appliances
- Laundry: Common Area
Features
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: first floor
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,976 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 3008009029
- Zoning: PDR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Other
- Water: See Remarks
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Palmdale
HOA & financial
Other financial information
- Total actual rent: 6100
Other
Other facts
- Listing terms: 1031 Exchange
Services availability
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Estimated market value
$777,700