Residential Income
For Sale
$479,999
Pending
38902 Rambler, Palmdale, CA 93550
Built in 1955, the property is in Palmdale, Los Angeles County.
Property Size1,770 SF
Days on Market47
Property Features for 38902 Rambler
General Information
Standard status
Pending
Size
1,770 SF
Total Parking Spaces
6
Property subtype
Residential Income
Net Operating Income
$42,000
Amenities
Suburban
Building Details
Building Size
1,770 SF
Year Built
1955
Buildings
1
Stories
1
Listing Agency:
Coastline Real Estate Group
Listed By:
Jose Navas Ampuero · License #02050322
(818) 641-0986
Source:
Evrealestate
Added: Sep 2
Changed: Oct 15
Last Checked: Oct 16 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastline Real Estate Group
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Investment Insights
Based on property information with market context.
This residential income property was built in 1955. It is located at 38902 Rambler, Palmdale, CA 93550, in Los Angeles County. Directions reference Sierra Hwy and Ave Q.
Key Highlights
- Built in 1955
- Palmdale address in Los Angeles County
- Directions reference Sierra Hwy and Ave Q
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,511
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,220
$550.2K
Cap Rate 7%
$393,014
$393.0K
Cap Rate 9%
$305,678
$305.7K
Market Conditions
NOI Build-Up for 1,770 SF
Gross rent
$53.1K $30.00/SF
− Vacancy
−$3.1K −$1.74/SF
EGI
$50.0K $28.26/SF
− OpEx
−$22.5K −$12.72/SF
NOI
$27.5K $15.54/SF
Area
Palmdale, CA
Vacancy
5.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,220
Cap Rate 7%
$393,014
Cap Rate 9%
$305,678
Alternative Uses
Best Use
Apartment 5plus
$393.0K
$343.9K – $458.5K
NOI $27,511 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$747.4K
$653.9K – $871.9K
NOI $52,315 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
558
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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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1955, the property is in Palmdale, Los Angeles County.
Where is this residential income property located?
The property is located at 38902 Rambler Palmdale, CA.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: Built in 1955; Palmdale address in Los Angeles County; Directions reference Sierra Hwy and Ave Q
