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Sold on 02/27/2026
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38451 10th E, Palmdale, CA 93550

  • $799,000

    Last sold 02/27/2026 after 50 Days

  • bed

  • bath

Multi-family not for sale
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About 38451 10th E

Property type Multi-family
Year built 1990
HOA fee $0/month
Lot size 7,412 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
38451 & 38457 10th Place East are side-by-side four-unit properties offering a total of 8 units and qualifying for residential financing. Both properties must be purchased together. Each property is priced at $789,000 and delivers a cap rate exceeding 7%. The buildings offer approximately 3,578 square feet of rentable space each and were built in 1990, featuring durable block construction and central cooling, and have been recently remodeled and freshly painted. Utilities are separately metered for gas and electricity, and each unit includes dedicated parking. The properties also offer potential for additional units or ADUs.
Listed by
Listing Agent - Rana Khanjani
Listing Agent Contact: 818-723-9071
Listing Office - Sync Brokerage
Source: CRMLS mls logo
MLS#SR26005289 • last updated 4 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1702
Lot Size (SqFt) 7412
Year Built 1990
Interior
Laundry Community
Exterior
Building Area Square Feet, 3771
# Parking Spaces 4
# Garage Spaces 4
Lot Description Back Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Curbs
Zoning PDR3*
Directions East Palmdale Blvd & E 10th Place
APN 3015003011
Multifamily Details
Expense: Trash 1080
Operating Expense 18954
Cap Rate 7.1
Expense: Insurance 2700
Total Expenses 5680
Expense: Water/ Sewer 1900
Gross Income 75348
Gross Scheduled Income 75348
$784K
Range: $744K-$823K
Last 30 days 
Rental est.: $1,459/month
Gross rent multiplier: 45.6
  • Mar 2026
    mls logo MLS # SR26005289
  • Mar 1, 2026 Sold
    $799,000
  • Feb 26, 2026 Pending
  • Jan 16, 2026 Active
  • Jan 8, 2026 Listed
    $789,000 (+5.2%)
  • Feb 2026
    Public Records
  • Feb 26, 2026 Sold
    $799,000 (+1.3%)
  • Aug 2023
    Public Records
  • Aug 15, 2023 Sold
    $750,000 (+11.1%)
  • Oct 2021
    mls logo MLS # NP21162345
  • Oct 14, 2021 Sold
    $675,000
  • Sep 17, 2021 Active
  • Aug 25, 2021 Price Change
    $675,000 (-6.9%)
  • Jul 26, 2021 Listed
    $725,000 (+46.5%)
  • Oct 2021
    Public Records
  • Oct 13, 2021 Sold
    $675,000
  • Jun 2019
    mls logo MLS # NP19111489
  • Jun 2, 2019 Active
  • May 28, 2019 Listed
  • May 17, 2019 Active
  • May 13, 2019 Listed
    $495,000
  • 38451 10th E
    $799K
  • 93550
    $435K -3% y/y
  • Palmdale
    $520K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
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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 7/26/2026. 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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