38225 12th St E
Palmdale, CA 93550
- 29 Beds
- 15 Baths
- 12,900 sqft (on 0.49 acres)
29 Beds
15 Baths
12,900 sqft
(on 0.49 acres)
Home Value
Trulia Estimate
$2.52MSince last month
Decreased$44K (-1.7%)Since last year
Increased$236K (+10.3%)Since last sale
Increased$347K (+16%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $2.52M |
| July 2026 | $2.57M |
| June 2026 | $2.54M |
| May 2026 | $2.43M |
| April 2026 | $2.49M |
| March 2026 | $2.45M |
| February 2026 | $2.55M |
| January 2026 | $2.29M |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.36 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 5 | 3,771 | |
0.38 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 4 | 3,587 | |
0.61 | Multi-Family Home | $765,000 | 02/17/26 | 7 | 4 | 3,122 | |
0.90 | Multi-Family Home | $840,000 | 01/30/26 | 8 | 5 | 3,466 | |
1.00 | Multi-Family Home | $710,500 | 06/29/26 | 8 | 4 | 3,340 | |
0.98 | Multi-Family Home | $490,000 | 11/12/25 | 5 | 2 | 1,770 | |
0.93 | Multi-Family Home | $375,000 | 11/17/25 | 2 | 2 | 1,176 | |
0.93 | Multi-Family Home | $410,000 | 08/30/25 | 2 | 2 | 1,412 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.10 | $250,000 | - | - | - | For Sale | |
0.10 | $548,600 | 4 | 2 | 2,418 | Off Market | |
0.13 | $500,000 | 4 | 3 | 2,062 | Recently Sold | |
0.13 | $540,000 | 4 | 2 | 1,661 | Recently Sold | |
0.15 | $275,000 | - | - | - | For Sale | |
0.15 | $285,000 | - | - | - | For Sale | |
0.16 | $35,000 | - | - | - | Recently Sold | |
0.21 | $437,400 | 3 | 2 | 1,562 | Off Market | |
0.20 | $1,750,000 | 17 | 12 | 6,866 | For Sale | |
0.25 | - | - | - | - | Off Market | |
0.25 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1983
Lot Size
0.49 acres
Living Area
12,900 sqft
Price/Sqft
$196
Parking
12 Parking Spaces
About this House
Incredible value-add multi-family investment opportunity in the fast growing city of Palmdale CA. This rare investment opportunity for savvy investors is a 14-unit apartment complex with in long term tenants in place. This property was built in 1983, has a wood construction, and sits on + 21,463 sqft of land with + 12,900 sqft of improvements. The property is mostly uniform and is comprised of 13 Two-Bed/One-Bath units, and 1 Three-Bed/Two-Bath unit. All units are individually metered for gas and electric, and master metered for water. Property has gated access with 20 parking spaces, 14 of which are covered. Located in a working class area, this property is centrally located and has convenient access to public transportation, shopping, and dining. The city is currently reinvesting tax dollars in this area and improving city streets, literally, with re-paving the roads and installing new street lights. The property has been well-maintained and is in excellent condition, requiring minimal maintenance and upkeep. Plus, with a solid tenant base already in place, you can start generating income from day one. Property currently has below market rents and is in a position to possibly generate even more income.
38225 12th St E, Palmdale, CA 93550 is a 29 bedroom, 15 bathroom, 12,900 sqft multi-family built in 1983. It last sold for $2,175,000 on Sep 26, 2023 (13% below the $2,500,000 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $1,850 per month. That rental listing was removed on July 22, 2024. It is currently off market. The Trulia Estimate is $2,522,400, with a rent estimate of $1,754/month.
Last check for updates: about 10 hours ago
Listed by Kesean Diamond DRE #02165946
Keller Williams Realty A.V.
Bought with: Fabian L Terracciano DRE #1025656, (661) 209-1192, RE/MAX All-Pro
Source: GAVAR, MLS#23001990

Home Details for 38225 12th St E
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Beds & Baths Number of Bedrooms: 29Number of Bathrooms: 15 |
Dimensions and Layout Living Area: 12900 Square Feet |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 12Parking Spaces: 12 |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Concrete, Frame, Stucco |
Property Information Parcel Number: 3014028017 |
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Price List Price: $2,500,000 |
Status Change & Dates Off Market Date: Wed May 24 2023 |
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MLS Status: Closed |
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Direction & Address City: Palmdale |
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Building Area Building Area: 12900 Square Feet |
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Lot Area: 0.49 acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mls Number: 23001990 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 22, 2024 Source: Zillow Rentals | ListingRemoved | |
Jul 9, 2024 Source: Zillow Rentals | Listed For Rent | $1,850 |
Jun 3, 2024 Source: Zillow Rentals | ListingRemoved | |
Apr 23, 2024 Source: Zillow Rentals | Listed For Rent | $1,850 |
Apr 5, 2024 Source: Zillow Rentals | ListingRemoved | |
Mar 20, 2024 Source: Zillow Rentals | Listed For Rent | $1,850 |
Dec 13, 2023 Source: Zillow Rentals | ListingRemoved | |
Nov 6, 2023 Source: Zillow Rentals | PriceChange | $1,799 Price decreased by 5% |
Oct 27, 2023 Source: Zillow Rentals | PriceChange | $1,900 Price increased by 9% |
Oct 13, 2023 Source: Zillow Rentals | PriceChange | $1,750 Price increased by 3% |
Sep 30, 2023 Source: Zillow Rentals | Listed For Rent | $1,695 |
Sep 26, 2023 Source: GAVAR #23001990 | Sold | $2,175,000 |
May 25, 2023 Source: GAVAR #23001990 | Pending | $2,500,000 |
May 5, 2023 Source: GAVAR #23001990 | PriceChange | $2,500,000 Price decreased by 14% |
Mar 27, 2023 Source: GAVAR #23001990 | Listed For Sale | $2,900,000 |
Jan 31, 2023 Source: Zillow Rentals | ListingRemoved | |
Jan 3, 2023 Source: Zillow Rentals | Listed For Rent | $1,400 |
Aug 23, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Aug 17, 2021 Source: Zillow Rental Manager | Listed For Rent | $1,400 |
Apr 4, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Mar 26, 2021 Source: Zillow Rental Manager | Listed For Rent | $1,300 |
Feb 24, 2021 Source: Zillow Rental Manager | ListingRemoved | |
Feb 22, 2021 Source: Zillow Rental Manager | Listed For Rent | $1,250 |
Sep 12, 2020 Source: N/A | ListingRemoved | $1,200 |
Aug 26, 2020 Source: N/A | Listed For Rent | $1,200 |
Apr 14, 2020 Source: N/A | ListingRemoved | $1,200 |
Market trends in Palmdale
Last updated July 2026
Avg. sale price
$497K
Sale-to-List Price
100.0%
Price per sq ft
$275
$2MoM
Available listings
605
15MoM
Around this home
What Locals Say about Palmdale
At least 1246 Trulia users voted on each feature.
83 % Say car is needed
83 % Say parking is easy
82 % Say there are sidewalks
79 % Say it's dog friendly
78 % Say yards are well-kept
74 % Say there's holiday spirit
67 % Say it's quiet
67 % Say streets are well-lit
59 % Say kids play outside
56 % Say it's walkable to grocery stores
55 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
47 % Say neighbors are friendly
46 % Say it's walkable to restaurants
32 % Say there's wildlife
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Frequently asked questions about 38225 12th St E
- What is 38225 12th St E estimated to be worth?Trulia's estimated value for 38225 12th St E in Palmdale, CA is $2,522,400.
- What is the price history for 38225 12th St E?38225 12th St E in Palmdale, CA last sold for $2,175,000 in September 2023.
- Is Palmdale a buyer's or seller's market?Palmdale is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Palmdale?The median sale price in Palmdale is $497K. That is roughly unchanged from the prior month.
- Does 38225 12th St E have parking?Yes, 38225 12th St E in Palmdale, CA has on-site parking.

