$515,000
SOLD JAN 3, 2025

38515 Larkin Ave Palmdale, CA 93550

East Palmdale Neighborhood
4 Beds
2 Baths
1,950 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

12% Below List Price

20 Days on Market

About This Home

As of January 2025

Modern duplex with 2x 2+1 units. Both have been updated and modernized. Laminate floors in both units. Updated baths and (1) granite kitchen. Separate water heaters keep owner bills to a minimum. Separate gas and electric meters too. Separate water heaters and HVAC units. Both units have attached 2 car garages. Property sits mid block, on a LARGE lot. Both have huge back yards. Plenty of room to possibly add more ADU's (BTV). Solid income, combo of FMV and VASH tenants. Buy and enjoy solid income and cash flow with newer age property.

Last Agent to Sell the Property

Steve DiPressi

Urban Resources License #00918402 Listed on: 11/01/2024

Last Buyer's Agent

Unknown Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1981

Home Design

  • 1,950 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3008-015-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,579

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions To Property: Palmdale bl north on 5th east. Left to Larkin. North to approx Ave Q4.
  • Income Producing: Yes
  • Listing Member Name: Steve DiPressi
  • Listing Office Short Id: 2727
  • Lot Measurement: SqFt
  • Open House Office I D: 20150204220412496868000000
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 99999
  • Selling Office Short Id: 999999
  • Sp Percent Lp: 0.88
  • Square Footage: 1950.00
  • Tract Suffix: Avenue
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Unit: 292500.00
  • Total Bathrooms: 2.00

Exterior Features

  • Exterior Construction: Frame, Stucco
  • Roof: Composition

Garage/Parking

  • AdditionalInfoParkingSpaces: 22

Utilities

  • Cooling Type: Central Air/Refrig
  • HeatingTypes: Central Heat/Gas

Condo/Co-op/Association

  • Units in Building: 2

Lot Info

  • Lot Acres: 0.19
  • Zoning: PDR3

Rental Info

  • Pet Deposit: 10000.00

Tax Info

  • Assessor Parcel Number: 3008-015-009

Multi Family

  • Number2 Bedroom Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 3, 2021
Sold by
Pathak Ambarish Y and Pathak Divya A
Bought by
Kimani Robert
Seller's Agent
Baldev Gill
AV Gill Realty, Inc.
Buyer's Agent
Robert Chevalier
Keller Williams
List Price
$416,000
Sold Price
$416,000
Current Estimated Value
$521,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,941
Avg. Annual Appreciation
5.40%
Original Mortgage
$408,465
Outstanding Balance
$369,814
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$152,127
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $416,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,465 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $515,000 -12.0% $264 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $585,000 +40.6% $300 / Sq Ft
07/01/2021 07/01/21 Sold $416,000 0.0% $213 / Sq Ft View Prior Sale
05/25/2021 05/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $416,000 -- $213 / Sq Ft
Source: Greater Antelope Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,579 $441,461 $66,325 $375,136
2024 $6,579 $432,806 $65,025 $367,781
2023 $6,517 $424,320 $63,750 $360,570
2022 $6,265 $416,000 $62,500 $353,500
2021 $3,909 $214,343 $47,834 $166,509
2020 $3,841 $212,146 $47,344 $164,802
2019 $3,799 $207,987 $46,416 $161,571
2018 $3,748 $203,909 $45,506 $158,403
2016 $3,511 $195,993 $43,740 $152,253
2015 $3,485 $193,050 $43,083 $149,967
2014 $3,455 $189,270 $42,240 $147,030
Source: Public Records

Agents Affiliated with this Home

  • Steve DiPressi

    Seller's Agent in 2025

    Steve DiPressi

    Urban Resources

    (661) 860-6066

    5 in this area

    17 Total Sales

    Steve DiPressi
    Section Image

  • U

    Buyer's Agent in 2025

    Unknown Member

    NON-MEMBER OFFICE

  • B

    Seller's Agent in 2021

    Baldev Gill

    AV Gill Realty, Inc.

    (661) 538-9530

    5 in this area

    75 Total Sales

    Baldev Gill
    Section Image

  • R

    Buyer's Agent in 2021

    Robert Chevalier

    Keller Williams

See All Agents

Map

Source: Greater Antelope Valley Association of REALTORS®

MLS Number: 24008212

Greater Antelope Valley Association of REALTORS®

APN: 3008-015-009

California Los Angeles County Palmdale 93550 East Palmdale

38515 Larkin Ave, Palmdale, CA

This home is located at 38515 Larkin Ave, Palmdale, CA 93550 and is currently priced at $515,000, approximately $264 per square foot. This property was built in 1981. 38515 Larkin Ave is a home located in Los Angeles County with nearby schools including Yucca Elementary School, David G. Millen Magnet Academy, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Antelope Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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