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Sold for $900,000 on 08/05/25
  • $900,000

    38501 Larkin Ave, Palmdale, CA 93550

    8beds
    5baths
    --sqft
    Multi Family
    Built in 1989
    -- sqft lot
    $886,100 Zestimate®
    $--/sqft
    $2,424 Estimated rent

    Home value

    $886,100

    $806,000 - $975,000

    $2,424/mo

    Zestimate® history
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    What's special

    Low cost maintenance and 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.

    Zillow last checked: 8 hours ago

    Listing updated: August 05, 2025 at 10:36am

    Listed by:

    Robert Proano DRE #01995853 310-429-4704,

    Realty One Group

    Bought with:

    Robert Proano, DRE #01995853

    Realty One Group

    Source: GAVAR,MLS#: 25003666MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5

    Property

    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 3008015012
    • Zoning: PDR3*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone Veneer
    • Roof: Shingle
    Condition
    • Year built: 1989

    Community & neighborhood

    Location
    • Region: Palmdale

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/5/2025Sold$900,000+1.1%
    Source: GAVAR #25003666
    7/8/2025Pending sale$889,900
    Source: GAVAR #25003666
    6/27/2025Price change$889,900+4.8%
    Source: GAVAR #25003666
    6/26/2025Listed for sale$849,000
    Source: GAVAR #25003666
    6/16/2025Listing removed$849,000
    Source: GAVAR #25003666

    Public tax history

    YearProperty taxesTax assessment
    2025$9,573 +6.2%$541,349 +2%
    2024$9,011 +0.9%$530,736 +2%
    2023$8,930 +3.8%$520,331 +2%

    Find assessor info on the county website

    Neighborhood: 93550

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $886,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $886,100