logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
13 Photos
icon
icon icon
38624 15th Street E
USD 1,070,000
Property ID: 225001809
icon
38624 15th Street E ,93550
icon --
icon 12922 SqFt
icon Built in 1953
icon USD 83/SqFt
icon 12 Beds
icon 7 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
12
Bathrooms
7
Interior Size
2597
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1953
See more icon
Detailed Introduction Of This Home
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. 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?
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
225 Proctor
225 Proctor
icon 225 Proctor
0 SqFt  / 4 Beds  / 3 Full Bas
USD 1,489,990
6353 Emerald Ridge Way
6353 Emerald Ridge Way
icon 6353 Emerald Ridge Way
8276 SqFt  / 4 Beds  / 3 Full Bas
USD 1,050,000
539 S Motif Street
539 S Motif Street
icon 539 S Motif Street
0 SqFt  / 4 Beds  / 4 Full Bas
USD 859,000
1115 Beaumont Circle
1115 Beaumont Circle
icon 1115 Beaumont Circle
12400 SqFt  / 3 Beds  / 2 Full Bas
USD 899,999
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 13
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (13)
icon
icon
banner
38624 15th Street E
USD 1,070,000 12 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder