Active

38110 10th Street #E

Palmdale, CA 93550
Mark as Favorite
Bed 17

Bed

Bath 12

Bath

SqFt6,866

Sqft

SqFt28,046

Sqft(Lot)

We are pleased to present 38110 10th St E, a 7-unit multifamily investment opportunity located in the growing Antelope Valley community of Palmdale, California. The property is offered at an attractive 7.24 GRM and 9.20% CAP Rate based on current rents upon full occupancy, providing investors with exceptional day-one cash flow. Constructed in 1979, the property features three separate residential buildings totaling approximately 6,866 rentable square feet. The unique unit mix consists of one (1) 7-bedroom/5-bathroom unit, one (1) 4-bedroom/2-bathroom unit, one (1) 2-bedroom/1-bathroom unit, and four (4) 1-bedroom/1-bathroom units, with one 1-bedroom/1-bathroom unit scheduled to be delivered vacant, providing an immediate opportunity to lease at market rent or occupy. Situated on an expansi ve 28,046 square foot PDR3-zoned lot, the property offers a rare combination of strong in-place income and long-term value-add potential. The oversized parcel provides ample excess land that may present the opportunity for Accessory Dwelling Units (ADUs) or additional site improvements (Buyer to independently verify development potential with the City of Palmdale). Existing parking is abundant and includes three separate carport structures providing 11 covered parking spaces, in addition to substantial on-site surface parking for residents and guests. The property is ideally located just two blocks east of Sierra Highway and only minutes from State Route 14, providing convenient access throughout the Antelope Valley as well as the greater Los Angeles region. Residents benefit from proximity to numerous employers, retail centers, schools, parks, and everyday amenities, including Palmdale Regional Medical Center, Lake Palmdale, Palmdale Regional Airport, Melville J. Courson Park, Desert Sands Park, and multiple neighborhood shopping centers. The surrounding area continues to experience steady residential growth, supporting long-term rental demand. With an attractive going-in yield, a vacant unit offering immediate upside, an oversized development-friendly lot, and a desirable location within one of Palmdale's established residential neighborhoods, 38110 10th St E presents investors with a compelling opportunity to acquire a high-yield multifamily asset with both stable cash flow and future value enhancement potential. Contact the listing broker for additional information.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,750,000

AD Id : 88525506

MLS Id : 26862043

Beds : 17

Lot Size : 28,046 Sqft

Living Area Size : 6,866

Year Built : 1979

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 17

    Bathroom Information

    Total Baths: 12
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1979
    Building Area Total: 6866
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 28046 Lot Size Acres: 0.6438 Lot Size Source: Assessor Lot Size Square Feet: 28,046

  • Listing Price Information

    Listing Price: $1750000

  • Tax Information

    Parcel Number: 3014002041

  • Location Information

    Direction: Google Maps: 38110 10th St E Palmdale CA 93550
Sell a home like this and save $104,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
38229 Mentor Court, Palmdale, CA, 93550 $520,000 3 2 1,461 1,461 SqFt
3734 Las Palmas, Palmdale, CA, 93550 $599,000 5 3 3,210 3,210 SqFt
3693 E Avenue Q13, Palmdale, CA, 93550 $658,990 5 3 2,956 2,956 SqFt
38659 37th E, Palmdale, CA, 93550 $559,000 5 2 2,119 2,119 SqFt
3635 E Avenue Q14, Palmdale, CA, 93550 $661,990 5 3 2,565 2,565 SqFt
38519 37th, Palmdale, CA, 93550 $599,999 6 3 3,210 3,210 SqFt
38738 36th Street E, Palmdale, CA, 93550 $439,900 3 2 1,064 1,064 SqFt
3753 Saddleback Drive, Palmdale, CA, 93550 $469,000 5 3 2,153 2,153 SqFt
3851 Triton, Palmdale, CA, 93550 $480,000 4 2 1,667 1,667 SqFt
38527 36th St East, Palmdale, CA, 93550 $410,000 3 2 1,041 1,041 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 19:10

MLS: 26862043 LISTED BY: Casey Lins, Kidder Mathews of California, Inc. 858-369-3010 SOURCE: CRMLS

Homes around $1,750,000

Selling? Save $104,501 when you sell a home like this

Tour with a ByOwner Agent