Seller's Agent in 2025
Jason Lee
Nara Advisors, Inc.
(858) 336-9688
1 in this area
124 Total Sales
38717 6th St E Palmdale, CA 93550
East Palmdale Neighborhood
6
Beds
6
Baths
2,000
Sq Ft
0.45
Acres
About This Home
As of July 2025This 6-unit property in East Palmdale offers a rare investment opportunity, whether as a high-performing income asset or a redevelopment play. The existing unit mix includes (5) studios and (1) one-bedroom/one-bathroom unit, all of which will be fully occupied with strong rental income. Situated within an Opportunity Zone on a 20,000 SF lot, the property also includes an adjacent 10,000 SF parcel, totaling 30,000 SF of land. The site benefits from Palmdale Transit Area Specific Plan and Urban Core zoning, allowing for high-density development of 50-60 dwelling units per acre—making it ideal for multifamily or mixed-use projects. Its strategic location near the Palmdale Transportation Center ensures strong tenant demand, while Palmdale’s affordable entry point compared to other LA markets enhances its appeal as a high-growth investment opportunity.
Last Agent to Sell the Property
Nara Advisors, Inc. License #02068011 Listed on: 04/03/2025
Co-Listed By
Tyler Brand
Nara Advisors License #02214185
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Interior Spaces
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Gravity Heating System
Community Details
- 6 Units
- Net Operating Income $78,000
Listing and Financial Details
- Assessor Parcel Number 3008-011-007
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Sold | $925,000 | -5.1% | $463 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | Price Changed | $975,000 | -99.9% | $488 / Sq Ft |
| 04/03/2025 04/03/25 | For Sale | $975,000,000 | -- | $487,500 / Sq Ft |
Source: San Diego MLS
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 | $10,266 | $355,431 | $191,386 | $164,045 |
| 2024 | $10,266 | $348,463 | $187,634 | $160,829 |
| 2023 | $9,968 | $341,631 | $183,955 | $157,676 |
| 2022 | $9,665 | $334,934 | $180,349 | $154,585 |
| 2021 | $9,518 | $328,367 | $176,813 | $151,554 |
| 2020 | $9,337 | $325,000 | $175,000 | $150,000 |
| 2019 | $7,044 | $144,633 | $57,852 | $86,781 |
| 2018 | $6,982 | $141,798 | $56,718 | $85,080 |
| 2016 | $6,760 | $136,293 | $54,516 | $81,777 |
| 2015 | $6,701 | $134,247 | $53,698 | $80,549 |
| 2014 | $6,687 | $131,619 | $52,647 | $78,972 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Lee
-
T
Seller Co-Listing Agent in 2025
Tyler Brand
Nara Advisors
-
Gregory Roberts
Buyer's Agent in 2025
Gregory Roberts
Coldwell Banker Realty
(310) 881-1152
1 in this area
68 Total Sales
Map
Source: San Diego MLS
MLS Number: 250023272
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