38906 10th Street East Palmdale, CA 93550
For sale multifamily income property in Palmdale, offered with restrictions on contacting occupants.
- Added:
- May 31, 2026
- Days on Market:
- 42
- Last Refresh:
- Jun 6 at 2:28 am
Property Features for 38906 10th Street East
General Information
- Standard status
- Active
- Size
- 1,962 SF
- Property subtype
- Residential / Single Family Residence
Building Details
- Year Built
- 1953
Listing office Keller Williams Antelope Valley (661) 618-9515
Listing date May 31, 2026
Source Compass
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 Keller Williams Antelope Valley
Investment Insights
Based on property information with market context.
The property is located at 38906 10th Street East in Palmdale, California (zip 93550). The seller has indicated that there is no solicitation of occupants, and questions should be directed to the listing agent. As with listings that involve in-place residents, prospective buyers are expected to coordinate through the agent.
Because the listing information provided does not include unit mix, floorplans, or specific property-condition details, buyers should plan to confirm the tenancy and physical configuration directly through the listing agent during the due diligence process. This is a straightforward acquisition opportunity for parties looking for a residential income multifamily asset, with the understanding that occupant contact is restricted and the transaction is currently tied to an existing purchaser process.
Key Highlights
- Multifamily income property in Palmdale
- Built in 1953
- Evaporative cooling and wall furnace for heating
Local Financial Insights For Apartment 5plus
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 | $58.9k | $30.00 |
| − Vacancy | −$3.4k | −$1.74 |
| EGI | $55.4k | $28.26 |
| − OpEx | −$25.0k | −$12.72 |
| NOI | $30.5k | $15.54 |
