38902 Rambler Ave Palmdale, CA 93550
East Palmdale NeighborhoodEstimated payment $3,244/month
About This Home
BACK ON THE MARKET NO FAULT TO SELLER
PRICE IMPROVEMENT
Prime Investment Opportunity: Turnkey Multi-Unit Duplex with Immediate Yield & SB 9 Expansion Potential in Unincorporated Palmdale Welcome to 38902 Rambler, an exceptional multi-unit property situated in the desirable unincorporated area of Palmdale. Offering an unbeatable combination of strong immediate cash flow, top-tier property conditions, and massive long-term development upside, this turn-key duplex is a rare find for savvy investors and portfolio builders alike. Fully Renovated & Functional Residences Both units on the lot have undergone extensive renovations, bringing modern aesthetics, upgraded finishes, and full operational functionality to every corner of the property: Front Unit (Unit 1): A spacious, fully renovated 3-bedroom, 1-bathroom floor plan featuring bright interiors, refreshed flooring, modernized kitchen and bathroom surfaces, and clean architectural details. Rear Unit (Unit 2): A fully renovated 2-bedroom, 1-bathroom residence enhanced by a flexible bonus room that easily serves as a third bedroom. Designed for maximum space utilization and modern comfort. Both units boast hassle-free living with clean, updated spaces that require zero immediate capital expenditure. Guaranteed & Stable Income Stream (HUD-VASH Tenants) Enjoy immediate stability and peace of mind from day one. Both units are occupied by valued veteran tenants supported through the HUD-VASH (VA Supportive Housing) program. This program offers landlords strong peace of mind with consistent, government-backed rental payments, low turnover, and the pride of supporting local military veterans with quality housing.
Listing Agent
Ethos International Real Estate Brokerage Phone: 818-641-0986 License #02050322 Listed on: 09/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 6,393 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,770 Sq Ft Home
- 1-Story Property
- Laundry Located Outside
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- 2 Carport Spaces
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 17500
- Assessor Parcel Number 3022019001
- $1,513 per year additional tax assessments
Community Details
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $35
- Trash Expense $90
- Water Sewer Expense $80
- Operating Expense $220
- Gross Income $3,946
- Net Operating Income $42,000
Additional Features
- 2 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2026 | $7,000 | $457,776 | $114,444 | $343,332 |
| 2025 | $7,000 | $448,800 | $112,200 | $336,600 |
| 2024 | $6,607 | $440,000 | $110,000 | $330,000 |
| 2023 | $5,296 | $346,800 | $56,100 | $290,700 |
| 2022 | $5,094 | $340,000 | $55,000 | $285,000 |
| 2021 | $2,805 | $147,668 | $22,204 | $125,464 |
| 2019 | $2,739 | $143,711 | $21,547 | $122,164 |
| 2018 | $2,704 | $140,902 | $21,125 | $119,777 |
| 2016 | $2,531 | $135,028 | $20,305 | $114,723 |
| 2015 | $2,509 | $133,000 | $20,000 | $113,000 |
| 2014 | $2,168 | $95,774 | $38,361 | $57,413 |
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 |
|---|---|---|---|---|---|
| 09/14/2026 09/14/26 | Price Changed | $479,999 | -1.4% | $271 / Sq Ft | |
| 09/02/2026 09/02/26 | For Sale | $486,999 | +266.2% | $275 / Sq Ft | |
| 10/22/2014 10/22/14 | Sold | $133,000 | -11.3% | $75 / Sq Ft | View Prior Sale |
| 10/17/2014 10/17/14 | Pending | -- | -- | -- | |
| 09/29/2014 09/29/14 | For Sale | $149,900 | -- | $85 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $440,000 | Stewart Title Of California In | |
| Deed | -- | Fidelity National Title | |
| Grant Deed | $280,000 | None Listed On Document | |
| Grant Deed | $133,000 | First American Title Company | |
| Trustee Deed | $140,000 | Accommodation | |
| Quit Claim Deed | -- | Stewart Title | |
| Corporate Deed | $75,000 | Stewart Title | |
| Grant Deed | $27,000 | Stewart Title | |
| Trustee Deed | $19,250 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $434,902 | FHA | |
| Closed | $432,030 | FHA | |
| Previous Owner | $238,000 | Commercial | |
| Previous Owner | $260,000 | Stand Alone First | |
| Previous Owner | $230,000 | Balloon | |
| Previous Owner | $185,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $143,135 | Unknown | |
| Previous Owner | $117,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26192687
APN: 3022-019-001
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
- 38902 9th St E
- 38833 Rambler Ave Unit 2
- 39018 8th St E
- 38652 9th St E
- 32 6th St E
- 38710 10th St E Unit 12
- 38710 10th St E Unit 15
- 38710 10th St E Unit 18
- 38617 9th St E
- 38610 9th St E
- 38701 6TH E Avenue q3
- 0 E 5th Ste Vic Avenue Q Ste St Unit 26006004
- 0 N Sierra Hwy P8 Ave Unit SR23158169
- 0 E Avenue q3 Unit 25515071
- 0 E Avenue q3 Unit SR26134890
- 802 E Avenue q4
- 38960 12th St E
- 38726 4th St E
- 0 On 12th East @ Ave P-10 Ave Unit 26006434
- 1218 E Avenue Q
- 38906 Rambler Ave
- 38908 Rambler Ave
- 38929 Rambler Ave Unit One
- 38830 9th St E
- 38729 11th St E
- 38594 Friendly Ave
- 38577 Friendly Ave
- 38722 11th St E
- 509 E Ave Q-2 Unit B
- 38832 4th St E
- 504 E Ave Q3 Unit 4
- 38622 Larkin Ave Unit 2
- 38616 Larkin Ave Unit 4
- 38616 Larkin Ave Unit 4 COPY
- 454 E Avenue q3 Unit 5
- 454 E Avenue q3 Unit 8
- 454 E Avenue q3 Unit 6
- 1105 Q-4 Ave
- 522 E Ave Q5 Unit 18
- 817 E Ave Q7
Ask me questions while you tour the home.