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$710,500
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Property Description
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.
Full Property Details
Full Property Details for 38721 5th
General
- Sold For: $710,500
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26115351
- Added to Site: 50 day(s) ago
Interior
- Flooring: Vinyl, Carpet, Laminate
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup, Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage (Single Door), Side-by-Side, Garage (Two Doors), Street
- Parking: Garage (Single Door), Side-by-Side, Garage (Two Doors), Street
Location
- Area: PLM - Palmdale
- County: Los Angeles
- Development Name: PLM - Palmdale
- Driving Directions: off of E Avenue Q and Fifth Street E, close to Palmdale Blvd.
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Wall Furnace, Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Traditional
- Foundation: Slab
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,340
- Year Built: 1969
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1831
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $212.72
- Price Per Unit: 180000
Disclosures and Reports
- Exclusions: Appliances owned by the tenants
- Inclusions: Appliances owned by the seller.
Listed by First Team Real Estate, Nancy Aynehchi
Sold by Homecoming Realty, TOM TRAN
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Price & Sales History for 38721 5th
Date
Details
Price
Change
Source
6/29/2026
Sold
$710,500
-1.32%
MLS
6/02/2026
Listed
$719,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
38721 5th, Palmdale, CA 93550 (MLS# OC26115351) is a Multi-Family property that was sold at $710,500 on June 29, 2026. Want to learn more about 38721 5th? 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.

