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$900,000
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Property Description
Low cost maintenance cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone.
Full Property Details
Full Property Details for 38501 Larkin Ave
General
- Sold For: $900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25101904
- Added to Site: 254 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: PLM - Palmdale
- County: Los Angeles
- Development Name: PLM - Palmdale
- Driving Directions: Use Google maps
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,466
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.1843
- Lot Size Source: Assessor
- Zoning: PDR3*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $259.67
- Price Per Unit: 222475
Listed by Realty One Group United, Robert Proano
Sold by JohnHart Real Estate, Christina Malyan
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Schools
Schools serving 38501 Larkin Ave
School Districts:Palmdale Elementary School District, Antelope Valley Union Joint High School District
| Name | Grades | Distance |
|---|---|---|
Yucca Elementary School 38440 2nd Street East, Palmdale, CA 93550 | K-5 | 0.3 mi |
David G. Millen Intermediate 39221 22nd Street West, Palmdale, CA 93551 | 6-8 | 2.9 mi |
Highland High School, Palmdale, CA 39055 25th Street West, Palmdale, CA 93551 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 38501 Larkin Ave
Date
Details
Price
Change
Source
8/05/2025
Sold
$900,000
1.13%
MLS
6/27/2025
Price Increased
$889,900
4.82%
MLS
5/27/2025
Price Reduced
$849,000
-5.56%
MLS
5/07/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
38501 Larkin Avenue, Palmdale, CA 93550 (MLS# SB25101904) is a Multi-Family property that was sold at $900,000 on August 05, 2025. Want to learn more about 38501 Larkin Avenue? Do you have questions about finding other Multi-Family real estate for sale in Palmdale? You can browse all Palmdale real estate or contact a Coldwell Banker agent to request more information.

