Duplex with Attached
For Sale
$625,000
Pending
38726 4th Street, Palmdale, CA 93550
Residential Income, Palmdale, CA
Property Size2,420 SF
Lot Size0.19 Acres
Days on Market148
Property Features for 38726 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
PDR3
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1
Directions
Ave Q
Subdivision
09 - Palm Div to 80th E
Standard status
Pending
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
(818) 246-1099
Listed By:
Jovani Paredes · License #02079437
(661) 492-9706
Added: May 14
Changed: Sep 13
Last Checked: Oct 8 at 3:06AM
MLS# 26003891
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.
Built in 2006, this duplex contains 2,420 square feet of living area across two residences. Each unit measures approximately 1,210 square feet and includes 3 bedrooms, 2 bathrooms, an attached 1-car garage, a kitchen, and living areas. Central heating and central air serve the property, while wood siding and a tile roof complete the exterior construction. The lot encompasses 0.19 acres and includes driveway parking beyond the attached garages.
The property is located in Palmdale near shopping, dining, schools, and commuter routes. PDR3 zoning and the two-unit configuration support a range of owner-occupant and residential income strategies, including living in one residence while leasing the other.
The property is located in Palmdale near shopping, dining, schools, and commuter routes. PDR3 zoning and the two-unit configuration support a range of owner-occupant and residential income strategies, including living in one residence while leasing the other.
Key Highlights
- 2,420 square feet of total living area across two residences
- Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,210 square feet
- Attached 1‑car garage for each unit, plus ample driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,484
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,680
$809.7K
Cap Rate 7%
$578,343
$578.3K
Cap Rate 9%
$449,822
$449.8K
Market Conditions
NOI Build-Up for 2,420 SF
Gross rent
$61.9K $25.56/SF
− Vacancy
−$4.0K −$1.66/SF
EGI
$57.8K $23.90/SF
− OpEx
−$17.4K −$7.17/SF
NOI
$40.5K $16.73/SF
Area
Palmdale, CA
Vacancy
6.50%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,680
Cap Rate 7%
$578,343
Cap Rate 9%
$449,822
Alternative Uses
Best Use
Multifamily LT 5
$578.3K
$506.1K – $674.7K
NOI $40,484 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$537.3K
$470.2K – $626.9K
NOI $37,614 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M
NOI $71,527 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
Explore this area
Business Placement
Demographics for 93550, CA
82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences offer three-bedroom layouts, individual garages, and flexible owner-use or rental functionality.
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: 2,420 square feet of total living area across two residences; Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,210 square feet; Attached 1‑car garage for each unit, plus ample driveway parking
