Seller's Agent in 2025
Arturo Sequeira
Skycastle Properties
(661) 312-9877
2 in this area
7 Total Sales
38564 5th St E Palmdale, CA 93550
East Palmdale Neighborhood
4
Beds
5
Baths
3,912
Sq Ft
7,462
Sq Ft Lot Lot
Highlights
- Gated Community
- Mountain View
- Main Floor Bedroom
- Open Floorplan
- Contemporary Architecture
- Corner Lot
About This Home
As of June 2025Discover this exceptional 5-unit corner lot apartment complex, a true pride of ownership. The property boasts a fully gated premises, energy-efficient windows, and drought-tolerant landscaping. Each 1-bedroom unit has been thoughtfully renovated and includes detached garages. Located in a residential area, this complex offers easy access to grocery stores, retail shopping centers, Palmdale Transit Village, and Palmdale Regional Medical Center. Each unit features open and spacious floorplans with ample storage, updated appliances, and modern fixtures. Don’t miss this opportunity to own a well-maintained, income-producing property in a highly desirable location!
Last Agent to Sell the Property
Skycastle Properties Brokerage Phone: 661-312-9877 License #01429872 Listed on: 12/27/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983 | Remodeled
Lot Details
- 7,462 Sq Ft Lot
- No Common Walls
- Security Fence
- Wrought Iron Fence
- Privacy Fence
- Stucco Fence
- Fence is in excellent condition
- Corner Lot
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Assigned Parking
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Shingle Roof
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 3,912 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Double Pane Windows
- Panel Doors
- Mountain Views
Kitchen
- Gas Oven
- Gas Range
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 5 Bathrooms
Laundry
- Laundry in unit
- Leased Washer and Dryer
Home Security
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 241
- Tax Tract Number 14561
- Assessor Parcel Number 3008013039
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 3 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $396
- Insurance Expense $5,000
- Maintenance Expense $5,284
- Pest Control $500
- Supplies Expense $250
- Trash Expense $2,600
- Water Sewer Expense $935
- New Taxes Expense $11,562
- Operating Expense $26,576
- Gross Income $75,696
- Net Operating Income $52,119
Additional Features
- Laundry Facilities
- Gated Community
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $780,000 | -7.1% | $199 / Sq Ft | |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- | |
| 05/11/2025 05/11/25 | Price Changed | $839,999 | -2.3% | $215 / Sq Ft | |
| 12/27/2024 12/27/24 | For Sale | $860,000 | +79.2% | $220 / Sq Ft | |
| 07/26/2017 07/26/17 | Sold | $480,000 | -4.0% | $123 / Sq Ft | View Prior Sale |
| 12/20/2016 12/20/16 | Pending | -- | -- | -- | |
| 11/30/2016 11/30/16 | For Sale | $500,000 | +56.3% | $128 / Sq Ft | |
| 07/17/2015 07/17/15 | Sold | $320,000 | -10.9% | $82 / Sq Ft | View Prior Sale |
| 07/10/2015 07/10/15 | Pending | -- | -- | -- | |
| 02/21/2015 02/21/15 | For Sale | $359,000 | -- | $92 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,753 | $546,153 | $136,537 | $409,616 |
| 2024 | $10,094 | $535,445 | $133,860 | $401,585 |
| 2023 | $10,050 | $524,947 | $131,236 | $393,711 |
| 2022 | $9,693 | $514,655 | $128,663 | $385,992 |
| 2021 | $9,505 | $504,565 | $126,141 | $378,424 |
| 2019 | $9,256 | $489,600 | $122,400 | $367,200 |
| 2018 | $7,301 | $332,928 | $52,020 | $280,908 |
| 2016 | $6,834 | $320,000 | $50,000 | $270,000 |
| 2015 | $6,925 | $326,039 | $61,219 | $264,820 |
| 2014 | -- | $319,653 | $60,020 | $259,633 |
Source: Public Records
Agents Affiliated with this Home
-
Arturo Sequeira
-
Scharme Grider
S
Buyer's Agent in 2025
Scharme Grider
Equity Union
(661) 678-5417
1 in this area
36 Total Sales
-
Jessica Lane
Buyer Co-Listing Agent in 2025
Jessica Lane
Equity Union
(661) 860-0019
1 in this area
62 Total Sales
-
K
Seller's Agent in 2017
Kristine Halajyan
eXp Realty of California Inc
-
Harvey Holloway
Seller's Agent in 2015
Harvey Holloway
Coldwell Banker Commercial/Valley Realty
(661) 948-2462
12 in this area
39 Total Sales
-
S
Seller Co-Listing Agent in 2015
Seffi Toneman
Coldwell Banker Commercial/Valley Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24254504
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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