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Palmdale Duplex: Investment Opportunity

38726 4th Street Palmdale, CA 93550

38726 4th Street, Palmdale, CA, 93550
$625,000
For Sale
$625,000

MULTI_FAMILY - Palmdale, CA

Property Size2,420 SF
Lot Size0.19 Acres
Price / SF$258.26
Days on Market65

Property Features for 38726 4th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
PDR3
Bedrooms
6
Bathrooms
4
Rooms
Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
Standard status
Active
APN
3008-008-013
Size
2,420 SF
Lot size
0.19 Acres

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
2006
Number of units
2
Building materials
Wood Siding
Roof type
Tile
Listing Agency JohnHart Real Estate
3115-B Rancho Vista Blvd., Glendale, CA
Listed by Jovani Paredes · License #02079437
Added: May 14 Checked: Jul 17 at 6:06 am
MLS# 26003891 Listing URL

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This Palmdale duplex presents an excellent investment opportunity, offering a total of 2,420 square feet of living space. Each of the two units includes 3 bedrooms, 2 bathrooms, and an attached 1-car garage. Each unit provides approximately 1,210 square feet, creating comfortable layouts suitable for owner-users, extended living arrangements, or rental income. The property is situated on a lot of 0.19 acres and includes ample driveway parking. The units feature functional floor plans with bright living areas, spacious kitchens, and private living spaces. The property's location provides convenient access to shopping, dining, schools, and commuter routes. This duplex offers great potential.

Key Highlights

  • Spacious duplex with a total of 2,420 sq. ft. of living space
  • Each unit features 3 bedrooms and 2 bathrooms, with approximately 1,210 sq. ft. per unit
  • Attached 1‑car garage for each unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $61.9k $25.56
− Vacancy −$4.0k −$1.66
EGI $57.8k $23.90
− OpEx −$17.4k −$7.17
NOI $40.5k $16.73
2,420 SF · lease $25.56/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$578.3K
$506.1K – $674.7K (±1% cap)
NOI $40,484 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$537.3K
$470.2K – $626.9K (±1% cap)
NOI $37,614 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M (±1% cap)
NOI $71,527 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery Locksmith (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Spacious duplex in Palmdale, ideal for investors or owner-users.
Where is this duplex located?
The property is located at 38726 4th Street Palmdale, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Spacious duplex with a total of 2,420 sq. ft. of living space; Each unit features 3 bedrooms and 2 bathrooms, with approximately 1,210 sq. ft. per unit; Attached 1‑car garage for each unit
Contact an agent
More about this property
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