This gated fourplex in East Palmdale offers a prime opportunity for investors seeking consistent rental income. Situated on a generous lot, the building consists of four units each with two bedrooms and one bathroom. Both upper units are renovated with modern quartz countertops, shaker cabinetry, vinyl flooring in family rooms and kitchens, and newer HVAC. Remodeling the other units presents a unique chance for added value. Lower units offer private patios. Each unit includes access to an enclosed detached garage: one 1-car and three 2-car garages. Water, Gas and electricity are separately metered. An inactive laundry room provides potential for future utility income. Whether looking to generate income, live in one and rent the others, or create multi-generational space, this property offers total flexibility. Centrally located near schools, shopping, and major commuter routes, this is perfect for investors or owner-users. Do not disturb tenants; showings available only after an accepted offer.
Sold for $710,500
Listed by: First Team Real Estate • Nancy Aynehchi • Contact: 714-496-8852
Bought with: HOMECOMING REALTY
Zestimate®
$710,500
38721 5th St E #1-4, Palmdale, CA 93550
8beds
4baths
3,340sqft
Quadruplex
Built in 1969
-- sqft lot
$710,500 Zestimate®
$213/sqft
$1,958 Estimated rent
Home value
$710,500
$647,000 - $782,000
$1,958/mo
Zestimate® history
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$1,958/mo
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$1,958/mo
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$4,596/mo
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Enclosed detached garageGated fourplexModern quartz countertopsShaker cabinetryNewer hvacGenerous lot
Zillow last checked:
Listing updated:
Listed by:
Nancy Aynehchi DRE #01450929 714-496-8852,
First Team Real Estate
Bought with:
TOM TRAN, DRE #01331102
HOMECOMING REALTY
Source: CRMLS,MLS#: OC26115351
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Wall Furnace
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Laundry: Common Area, Washer Hookup, Gas Dryer Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,340
- Total interior livable area: 3,340 sqft
Property
Parking
- Total spaces: 5
- Parking features: Door-Multi, Door-Single, Garage, On Street, Side By Side
- Garage spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,977 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 3008009023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Slab
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Palmdale
Financial & listing details
- Price per square foot: $213/sqft
- Date on market: 6/2/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Inclusions: Appliances owned by the seller.
- Exclusions: Appliances owned by the tenants
- Total actual rent: 70740
- Tenant pays: Electricity, Gas, Water
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Sold | $710,500-1.3%$213/sqft |
Source:  CRMLS #OC26115351 Report a problem | ||
| 6/17/2026 | Pending sale | $719,999$216/sqft |
Source: CRMLS #OC26115351 Report a problem | ||
| 6/8/2026 | Contingent | $719,999$216/sqft |
Source: CRMLS #OC26115351 Report a problem | ||
| 6/2/2026 | Listed for sale | $719,999$216/sqft |
Source: CRMLS #OC26115351 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 93550
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Nearby schools
GreatSchools rating
- 4/10Yucca Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10David G. Millen IntermediateGrades: 6-8Distance: 2.9 mi
- 4/10Highland High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$710,500
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
$710,500
- California
- Los Angeles County
- Palmdale
- 93550
- 38721 5th St E Unit 1-4
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