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38721 5th E #1-4, 
Palmdale, CA 93550

$719,999


Bed


Bath


3,340

Sq Ft


Multi-Family

Active

Listed by

Nancy Aynehchi

First Team Real Estate

949-857-2121

Last updated:

June 4, 2026, 06:32 PM

MLS#

OC26115351

Source:

CRMLS

About This Home

38721 5th E #1-4

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.

Home Facts

Multi-Family

Built in 1969

Price Summary

719,999

$215 per Sq. Ft.

MLS #:

OC26115351

Last Updated:

June 4, 2026, 06:32 PM

Added:

3 day(s) ago


Rooms & Interior

Interior

Living Area:

3,340 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,340 Sq. Ft.

Year Built:

1969


Lot

Lot Size (Sq. Ft):

7,975


Finances & Disclosures

Finances

Price:

$719,999

Price per Sq. Ft:

$215 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Diamond is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Diamond, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.