Well-Maintained
38833 Rambler Avenue Palmdale, CA 93550
New
For Sale
$370,000
MULTI_FAMILY - Palmdale, CA
Property Size1,412 SF
Lot Size0.14 Acres
Price / SF$262.04
Days on Market7
Property Features for 38833 Rambler Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LCR3
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Standard status
Active
APN
3022-020-032
Size
1,412 SF
Lot size
0.14 Acres
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1953
Number of units
2
Roof type
Asphalt
Listing Agency:
Real Brokerage Technologies
(916) 848-7554
Listed By:
Michael K Watson · License #02241490
(661) 902-4991
Added: Jul 21
Changed: Jul 27
Last Checked: Jul 27 at 6:06PM
MLS# 26005797
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 well-maintained duplex offers two units, each featuring 1 bedroom and 1 bathroom. The property is listed as a residential income duplex and is sized at 1,412 square feet on a 0.14-acre lot.
Located at 38833 Rambler Avenue in Palmdale, California, the property is identified under zoning LCR3.
The existing configuration provides a straightforward two-unit setup, with separate 1-bed, 1-bath layouts in both units.
Located at 38833 Rambler Avenue in Palmdale, California, the property is identified under zoning LCR3.
The existing configuration provides a straightforward two-unit setup, with separate 1-bed, 1-bath layouts in both units.
Key Highlights
- Two‑unit duplex with 1 bedroom and 1 bathroom in each unit
- Heating: natural gas
- Cooling: central air
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 | $36.1k | $25.56 |
| − Vacancy | −$2.3k | −$1.66 |
| EGI | $33.7k | $23.90 |
| − OpEx | −$10.1k | −$7.17 |
| NOI | $23.6k | $16.73 |
1,412 SF · lease $25.56/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$337.4K
$295.3K – $393.7K
NOI $23,621 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$313.5K
$274.3K – $365.8K
NOI $21,947 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$596.2K
$521.7K – $695.6K
NOI $41,734 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with one bedroom and one bathroom in each unit, offered for sale.
Where is this duplex located?
The property is located at 38833 Rambler Avenue Palmdale, CA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two‑unit duplex with 1 bedroom and 1 bathroom in each unit; Heating: natural gas; Cooling: central air
