Financial
Distress signals
Property profile

38128 6Th St Palmdale, CA 93550

FOR LEASE
Retail space
Property ID
US09-8682070
2,280 SF 0.12 ac lot Built 1953
Last sale Apr 2023 · $375,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Palmdale, California, this mixed-use property is configured with three separate units designed to support retail and personal service uses. The property totals approximately 2,280 square feet on a 0.12-acre lot and features visible street frontage for all three units. Each unit includes a mini-split heating and cooling system, a private bathroom, and a roll-up garage door for loading or customer access. The property includes interior and exterior bathroom facilities and has been recently repainted.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$383k
Assessed land$117k
Assessed improvement$265k
Effective rate1.60%

Value estimate

· Sep 2026
$380k
$342k – $418k
AI approach$365k
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 1,565.00% cap applied$27k

Realmo valuation models over county records and 65 qualifying comparable sales.

Recently sold

What actually traded nearby?
$191/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$82 – $307
Qualifying comparables65

Cap rate analysis

How does the asset earn?
1,565.00%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PDM1*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.4
Smoke and Vape Shop9.9
Tailor Shop9.8

Location

38128 6Th St Palmdale, CA 93550
County assessor Recorded deeds · 13 transfers 65 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
832 Palmdale, Palmdale, CA 93550-4710 $145,000 Mar 2024 2,500 SF
38200 6th E, Palmdale, CA 93550-4635 $205,000 Feb 2024 1,517 SF
38216 6th E, Palmdale, CA 93550-4635 $158,501 Apr 2023 2,960 SF
2660 Pearblossom, Palmdale, CA 93550-9519 $410,004 Dec 2022 1,200 SF
38322 6th E, Palmdale, CA 93550-4637 $270,002 Feb 2021 3,750 SF
922 Palmdale, Palmdale, CA 93550-4712 $150,000 Dec 2020 1,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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