BOM ON THE MARKET
NO FAULT TO SELLER
PRICE IMPROVEMENT
Prime Investment Opportunity: Turnkey Multi-Unit Duplex with Immediate Yield & SB 9 Expansion Potential in Unincorporated Palmdale
Welcome to 38902 Rambler, an exceptional multi-unit property situated in the desirable unincorporated area of Palmdale. Offering an unbeatable combination of strong immediate cash flow, top-tier property conditions, and massive long-term development upside, this turn-key duplex is a rare find for savvy investors and portfolio builders alike.
Fully Renovated & Functional Residences
Both units on the lot have undergone extensive renovations, bringing modern aesthetics, upgraded finishes, and full operational functionality to every corner of the property:
Front Unit (Unit 1): A spacious, fully renovated 3-bedroom, 1-bathroom floor plan featuring bright interiors, refreshed flooring, modernized kitchen and bathroom surfaces, and clean architectural details.
Rear Unit (Unit 2): A fully renovated 2-bedroom, 1-bathroom residence enhanced by a flexible bonus room that easily serves as a third bedroom. Designed for maximum space utilization and modern comfort.
Both units boast hassle-free living with clean, updated spaces that require zero immediate capital expenditure.
Guaranteed & Stable Income Stream (HUD-VASH Tenants)
Enjoy immediate stability and peace of mind from day one. Both units are occupied by valued veteran tenants supported through the HUD-VASH (VA Supportive Housing) program. This program offers landlords strong peace of mind with consistent, government-backed rental payments, low turnover, and the pride of supporting local military veterans with quality housing.
Unlocking Massive Development Upside (SB 9 Zoned)
For sale
Price cut: $7K (9/14)
$479,999
38902 Rambler Ave, Palmdale, CA 93550
6beds
2baths
1,770sqft
Multi Family
Built in 1955
-- sqft lot
$478,700 Zestimate®
$271/sqft
$-- HOA
What's special
- 50 days
- 759
- 49
Zillow last checked:
Listing updated:
Listed by:
Jose Navas Ampuero DRE #02050322 818-641-0986,
Ethos International Real Estate
Source: GAVAR,MLS#: 26006142
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Interior area
- Total structure area: 1,770
- Total interior livable area: 1,770 sqft
Property
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 3022019001
- Zoning: LCR2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Asphalt
Condition
- Year built: 1955
Community & HOA
Location
- Region: Palmdale
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $458,196
- Date on market: 8/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA
Estimated market value
$478,700
$455,000 - $503,000
$1,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $479,999-1.4%$271/sqft |
Source: | ||
| 8/20/2026 | Price change | $486,999-0.6%$275/sqft |
Source: | ||
| 8/6/2026 | Listed for sale | $489,999+11.4%$277/sqft |
Source: | ||
| 2/13/2025 | Listing removed | $2,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2024 | Listed for rent | $2,495-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Listing removed | $2,600+4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2024 | Listed for rent | $2,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2024 | Listing removed | $2,495$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/13/2024 | Listed for rent | $2,495-4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/13/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/2/2024 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/27/2024 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/28/2024 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/27/2024 | Listed for rent | $2,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2023 | Sold | $440,000+57.1%$249/sqft |
Source: Public Record Report a problem | ||
| 10/8/2021 | Sold | $280,000+4.1%$158/sqft |
Source: Public Record Report a problem | ||
| 12/13/2019 | Listing removed | $268,888$152/sqft |
Source: CENTURY 21 Yarrow & Associates Realtors #19006091 Report a problem | ||
| 7/3/2019 | Pending sale | $268,888$152/sqft |
Source: CENTURY 21 Yarrow & Associates Realtors #19006091 Report a problem | ||
| 6/4/2019 | Price change | $268,888-3.3%$152/sqft |
Source: CENTURY 21 Yarrow & Associates Realtors #19006091 Report a problem | ||
| 6/3/2019 | Listed for sale | $278,000+109%$157/sqft |
Source: Century 21 Yarrow & Assoc. #19006091 Report a problem | ||
| 10/22/2014 | Sold | $133,000-5%$75/sqft |
Source: | ||
| 3/7/2014 | Sold | $140,000+86.7%$79/sqft |
Source: Public Record Report a problem | ||
| 2/12/1999 | Sold | $75,000+177.8%$42/sqft |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $27,000+40.3%$15/sqft |
Source: Public Record Report a problem | ||
| 11/14/1997 | Sold | $19,250$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $458,196 +2% |
| 2025 | $7,000 +6% | $449,220 +2% |
| 2024 | $6,607 +24.7% | $440,420 +26.8% |
| 2023 | $5,296 +4% | $347,220 +2% |
| 2022 | $5,094 +81.6% | $340,420 +129.9% |
| 2021 | $2,805 +1.4% | $148,088 +1% |
| 2020 | $2,766 | $146,575 +2% |
| 2019 | $2,766 +2.3% | $143,711 +2% |
| 2018 | $2,704 | $140,902 +2.3% |
| 2017 | $2,704 +1.2% | $137,728 +2% |
| 2016 | $2,671 +5.5% | $135,028 +1.5% |
| 2015 | $2,531 +16.8% | $133,000 +38.9% |
| 2014 | $2,168 | $95,774 +2.5% |
| 2012 | -- | $93,474 +2% |
| 2011 | -- | $91,642 +0.8% |
| 2010 | -- | $90,958 -0.2% |
| 2009 | -- | $91,175 +2% |
| 2008 | -- | $89,388 +2% |
| 2007 | -- | $87,636 +2% |
| 2006 | -- | $85,918 |
| 2005 | -- | $85,918 +4% |
| 2004 | -- | $82,584 +1.9% |
| 2003 | -- | $81,071 +2% |
| 2002 | -- | $79,483 +4% |
| 2000 | -- | $76,398 |
Find assessor info on the county website
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