38708 Larkin Ave Palmdale, CA 93550
East Palmdale NeighborhoodEstimated payment $4,659/month
Highlights
- Open Floorplan
- Laundry Room
- Central Heating and Cooling System
- High Ceiling
- Tile Flooring
- Bike Trail
About This Home
?? Charming Income-Producing Duplex A Turnkey Investment Opportunity! Discover this well-maintained duplex, offering exceptional rental income and flexibility for investors. Currently occupied by long-term Section 8 tenants, with the option for one unit to be delivered vacant if needed, perfect for owner-occupants or those looking to set new rental terms. **Property Highlights** Two spacious units, each featuring: 4 bedrooms / 1.5 bathrooms
All bedrooms are conveniently located upstairs
Washer & dryer hookups
Large lot, with separate, private yard space for each unit
Attached 2-car garages, one for each unit
Strong rental history with reliable, long-term occupants **Investment Benefits** Immediate income from fully occupied units, with flexibility to have one delivered vacant
Section 8 tenancy provides, consistent, dependable rental payments
Low-maintenance setup with tenants who have been in place long term **Showing Information** Shown by appointment only. Please do not disturb tenants This duplex offers the perfect combination of charm, space, dependable income, and versatility, ideal for investors or owner-users. Contact us today for more details or to schedule a private viewing!
Listing Agent
Real Estate Source, Inc Brokerage Phone: 323-842-4991 License #01976959 Listed on: 12/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2007
Lot Details
- 8,076 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,240 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
Kitchen
- Six Burner Stove
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 3008009010
- $1 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $600
- Trash Expense $400
- Water Sewer Expense $400
- Operating Expense $1,000
- Gross Income $5,190
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,865 | $464,052 | $69,718 | $394,334 |
| 2024 | $6,865 | $454,953 | $68,351 | $386,602 |
| 2023 | $6,800 | $446,033 | $67,011 | $379,022 |
| 2022 | $6,536 | $437,289 | $65,698 | $371,591 |
| 2021 | $6,415 | $428,715 | $64,410 | $364,305 |
| 2019 | $1,790 | $263,958 | $39,862 | $224,096 |
| 2018 | $4,380 | $258,783 | $39,081 | $219,702 |
| 2016 | $4,083 | $248,736 | $37,564 | $211,172 |
| 2015 | $4,053 | $245,000 | $37,000 | $208,000 |
| 2014 | $3,244 | $173,785 | $26,118 | $147,667 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $780,000 | +87.5% | $348 / Sq Ft | |
| 01/17/2019 01/17/19 | Sold | $416,000 | 0.0% | $186 / Sq Ft | View Prior Sale |
| 12/27/2018 12/27/18 | Pending | -- | -- | -- | |
| 12/13/2018 12/13/18 | For Sale | $415,900 | +69.8% | $186 / Sq Ft | |
| 12/08/2014 12/08/14 | Sold | $245,000 | +2.1% | $109 / Sq Ft | View Prior Sale |
| 11/08/2014 11/08/14 | Pending | -- | -- | -- | |
| 10/24/2014 10/24/14 | For Sale | $240,000 | +38.7% | $107 / Sq Ft | |
| 09/28/2012 09/28/12 | Sold | $173,000 | -8.9% | $77 / Sq Ft | View Prior Sale |
| 07/30/2012 07/30/12 | Pending | -- | -- | -- | |
| 07/18/2012 07/18/12 | For Sale | $190,000 | -- | $85 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $416,000 | Fidelity National Title Comp | |
| Grant Deed | $245,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $130,000 | Fatcola | |
| Trustee Deed | $1,979,142 | Accommodation | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $55,000 | Lawyers Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,465 | FHA | |
| Previous Owner | $240,562 | FHA | |
| Previous Owner | $91,000 | New Conventional | |
| Previous Owner | $95,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25270714
APN: 3008-009-010
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
- 38640 Larkin Ave
- 38701 6TH E Avenue q3
- 0 E Avenue q3 Unit 25515071
- 0 E Avenue q3 Unit SR25180833
- 38625 Sumac Ave
- 38553 4th St E
- 000 6th St E
- 32 6th St E
- 0 6th St E Unit SR25159660
- 38514 Larkin Ave
- 0 E 3rd
- 38503 Larkin Ave
- 235 E Avenue Q
- 38545 4th St E
- 38833 Rambler Ave
- 0 Palmdale Blvd Vic 5th St Unit 25001488
- 0 Vac Cor 9th St and Ave Q Unit 25589771
- 38857 Rambler Ave
- 133 E Avenue q4
- 0 E 12th St Unit 25002968
- 454 E Avenue q3 Unit 5
- 454 E Avenue q3 Unit 8
- 522 E Ave Q-5 Unit 522 East Avenue Q5
- 38521 5th St E Unit 6
- 38478 Larkin Ave Unit B
- 324 E Avenue q7
- 324 E Avenue q7 Unit C
- 38833 9th St E
- 38906 Rambler Ave
- 38930 9th St E
- 839 E Avenue p12
- 38729 10th St E Unit 1915
- 38551 10th Place E Unit A
- 38722 11th St E
- 38423 10th Place E Unit 3
- 38652 11th St E Unit 24
- 1134 E Ave Q
- 1204 E Avenue q4 Unit B
- 38110 5th St E
- 10th St E