38726 4th Street E, Palmdale, California 93550, Palmdale, 93550 - 6 bed, 4 bath
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Palmdale, California 93550
This duplex presents a High-Potential Investment Opportunity, listed at $625,000—positioned above the $567,619 Fair Market Value. While the property requires a strategic approach, its Fair Condition Rating and 2006 construction provide a solid foundation for value-add renovations. The 3-bedroom, 2-bathroom layout per unit and 8,347 sq. ft. lot offer significant rental appeal and versatility. This asset is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38726 4th Street E Subject | $625,000* List Price | 6 | 4 | 2,420 | $235 | - |
A 38708 Larkin Sold | $620,000 | 0 | 0 | 2,240 | $277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2006, the property is 20 years old and falls into the 'Fair' category as it is no longer in its prime maintenance cycle. The exterior shows visible signs of deferred maintenance and clutter, while the listing description's note of 'room to make it your own' indicates that the interior finishes, kitchens, and baths are likely dated and in need of cosmetic updates or minor repairs.
Built in 2006, this duplex offers a highly desirable 3-bedroom, 2-bathroom configuration per unit, providing modern construction standards and better rental appeal than older multi-family stock in the area.
The property is ideal for owner-users looking to 'house-hack' by living in one unit while renting the other, or for investors seeking dual income streams with separate meters and private attached garages.
Situated on a generous 8,347 sq. ft. lot, the property features attached garages and a large driveway, providing significant parking capacity which is a major asset for 3-bedroom rental units.
The listing suggests 'room to make it your own,' indicating that the property may require cosmetic refreshing or minor repairs to achieve top-market rental rates and maximum value.
With only a 1-car garage per 3-bedroom unit, the property may be less attractive to larger households or tenants with multiple vehicles who require secure, covered parking or extra storage.
Excellent investment opportunity featuring a spacious duplex offering a total of 2,420 sq. ft. of living space. Each unit features 3 bedrooms, 2 bathrooms, approximately 1,210 sq. ft., and an attached 1-car garage, providing comfortable layouts ideal for owner-users, extended living arrangements, or rental income potential. Situated on a generously sized lot with ample driveway parking, this property offers flexibility and long-term value. The units feature functional floor plans with bright living areas, spacious kitchens, and private living spaces designed for everyday comfort. Conveniently located near shopping, dining, schools, and commuter routes, this duplex presents a fantastic opportunity for investors or buyers looking to live in one unit while generating income from the other. Great potential with room to make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 2.0 | 86% |
| Baths | 4.0 | 2.0 | 86% |
| Square foot | 2,420 | 1,661 | 71% |
| Lot Size | 8,347 | 7,207 | 86% |
| Price | $625.0K | $540.0K | 71% |
| Price per sq ft | $258 | $277 | 43% |
| Built year | 2006 | 1953 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 215 | 14% |
May 14, 2026
$625,000
Initial Listing
Oct 22, 2014
$250,000
Public Record
Dec 8, 2009
$150,000
Public Record
Aug 11, 2006
$490,000
Public Record