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Sold on 08/15/2025
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38429 10th Pl E, Palmdale, CA 93550

$849,000

Last sold 08/15/2025 for $840K

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    bed

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    bath

Multi-family not for sale
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About 38429 10th Pl E

Property type Multi-family
Year built 1980
HOA fee $0/month
Lot size 7,764 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Modern 4 plex - Walk to Palmdale Blvd. Modern build with all units 2BR/1BA. Two upper and two lower units. Each unit has granite counters. Laminate flooring with carpet in bedrooms. Units have separate water heaters and Washer/Dryer hookups and either a small patio or deck. Wall heaters and window AC to keep things cool. Each unit has a separate 1 car garage. Property has a very large open area - Perfect for additional units or ADU's (BTV with city). 3 units rehabbed for new owners to create their own tenant mix.
Listed by
Listing Agent - Steve Di Pressi
Listing Agent Contact: 661-860-6066
Listing Office - Urban Resources Consulting
Source: CRMLS mls logo
MLS#SR25117313 • last updated 1 year ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1782
Lot Size (SqFt) 7764
Year Built 1980
Condition Updated/Remodeled
Interior
Appliances Dishwasher
Interior Features Ceiling Fan(s), Granite Counters
Exterior
Foundation Slab
Construction Frame, Stucco
Building Area Square Feet, 3736
Parking Garage - Single Door
# Parking Spaces 4
# Garage Spaces 4
Lot Description 11-15 Units/Acre, Rectangular Lot, Level, Near Public Transit
Amenities / Utilities
Fireplaces None
Sewer/ Septic Conventional Septic
Water Source Public
Electric Standard
Spa None
Pool None
Location
View Neighborhood
County Los Angeles
Community Features Curbs, Sidewalks
Zoning PDR3*
Directions Palmdale Bl At 10th Pl East
APN 3015003041
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 2800
Expense: Trash 2000
Gross Spendable Income 68731
Operating Expense 21817
Cap Rate 8.09
Expense: Insurance 4900
Total Expenses 21817
Expense: Maintenance 2400
Expense: Water/ Sewer 1500
Gross Income 93348
Gross Operating Income 90548
Expense: Electric 120
Gross Multiplier 9.11
Gross Scheduled Income 93348
Expense: Gardener 720
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
$849K
Range: $781K-$916K
Last 30 days 
Rental est.: $1,151/month
Gross rent multiplier: 60.8
  • Aug 2025
    mls logo MLS # SR25117313
  • Aug 18, 2025 Sold
    $840,000
  • Jun 24, 2025 Pending
    —
  • May 27, 2025 Listed
    $850,000 (+23.2%)
  • Aug 2025
    Public Records
  • Aug 13, 2025 Sold
    $840,000 (-1.2%)
  • Dec 2021
    Public Records
  • Dec 29, 2021 Sold
    $690,000 (+109.1%)
  • Mar 2018
    Public Records
  • Mar 7, 2018 Sold
    $330,000 (+100.0%)
  • Aug 2011
    Public Records
  • Aug 25, 2011 Sold
    $165,000 (-69.5%)
  • Aug 2005
    Public Records
  • Aug 3, 2005 Sold
    $540,909 (+173.2%)
  • Aug 2002
    Public Records
  • Aug 13, 2002 Sold
    $198,000
  • Year Property taxes Tax assessment
  • 2024
    $10,838 +1.0%
    $717,876 +2.0%
  • 2023
    $10,735 +4.1%
    $703,800 +2.0%
  • 2022
    $10,311 +30.7%
    $690,000 +41.16%
  • 2021
    $7,889 +1.7%
    $488,797
  • 2020
    $7,760
    $488,797
  • 38429 10th Pl E
    $840K
  • —
  • 93550
    $439K -2% y/y
  • Palmdale
    $515K -4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Tamarisk Elementary School
public Grades K-5
Palmdale Elementary School District
3/10
Palmdale High School
public Grades 9-12
Antelope Valley Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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