38225 12th St E, Palmdale, CA 93550
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Property image
OFF MARKET

38225 12th St E
Palmdale, CA 93550

  • 29 Beds
  • 15 Baths
  • 12,900 sqft (on 0.49 acres)

$2,539,600

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $15,320/mo*
Refinance Your Home

$2,539,600

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $15,320/mo*
Refinance Your Home
29 Beds
15 Baths
12,900 sqft
(on 0.49 acres)

Local Information

  • Map ViewExplore the area around 38225 12th St E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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 $2,539,600, with a rent estimate of $2,004/month.

Home Highlights

Parking
12 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 38225 12th St E

Interior Features

Beds & Baths
Number of Bedrooms: 29Number of Bathrooms: 15
Dimensions and Layout
Living Area: 12900 Square Feet

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Covered Spaces: 12Parking Spaces: 12

Property Information

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

Price & Status

Price
List Price: $2,500,000
Status Change & Dates
Off Market Date: Wed May 24 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Palmdale

Building

Building Area
Building Area: 12900 Square Feet

Lot Information

Lot Area: 0.49 acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Miscellaneous

Mls Number: 23001990
Last check for updates: about 11 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

Price History for 38225 12th St E

DatePriceEventSource
07/22/2024ListingRemovedZillow Rentals
07/09/2024$1,850Listed For RentZillow Rentals
06/03/2024ListingRemovedZillow Rentals
04/23/2024$1,850Listed For RentZillow Rentals
04/05/2024ListingRemovedZillow Rentals
03/20/2024$1,850Listed For RentZillow Rentals
12/13/2023ListingRemovedZillow Rentals
11/06/2023$1,799PriceChange
Zillow Rentals
10/27/2023$1,900PriceChange
Zillow Rentals
10/13/2023$1,750PriceChange
Zillow Rentals
09/30/2023$1,695Listed For RentZillow Rentals
09/26/2023$2,175,000Sold
GAVAR #23001990
05/25/2023$2,500,000PendingGAVAR #23001990
05/05/2023$2,500,000PriceChange
GAVAR #23001990
03/27/2023$2,900,000Listed For SaleGAVAR #23001990
01/31/2023ListingRemovedZillow Rentals
01/03/2023$1,400Listed For RentZillow Rentals
08/23/2021ListingRemovedZillow Rental Manager
08/17/2021$1,400Listed For RentZillow Rental Manager
04/04/2021ListingRemovedZillow Rental Manager
03/26/2021$1,300Listed For RentZillow Rental Manager
02/24/2021ListingRemovedZillow Rental Manager
02/22/2021$1,250Listed For RentZillow Rental Manager
09/12/2020$1,200ListingRemovedN/A
08/26/2020$1,200Listed For RentN/A
04/14/2020$1,200ListingRemovedN/A

Market trends in Palmdale

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$499K
$1.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$4MoM
Available listings
584
20MoM
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Comparable Sales for 38225 12th St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
38429 10th Pl E, Palmdale, CA
0.33
Multi-Family Home
$840,000
08/15/25
8
4
3,736
38451 10th Pl E, Palmdale, CA
0.36
Multi-Family Home
$799,000
02/27/26
8
5
3,771
38457 10th Pl E, Palmdale, CA
0.38
Multi-Family Home
$799,000
02/27/26
8
4
3,587
558 E Avenue Q12, Palmdale, CA
0.61
Multi-Family Home
$765,000
02/17/26
7
4
3,122
38503 Larkin Ave, Palmdale, CA
0.90
Multi-Family Home
$840,000
01/30/26
8
5
3,466
38721 5th St E #1-4, Palmdale, CA
1.00
Multi-Family Home
$710,500
06/29/26
8
4
3,340
38501 Larkin Ave, Palmdale, CA
0.89
Multi-Family Home
$900,000
08/05/25
8
5
-
38920 9th St E, Palmdale, CA
0.98
Multi-Family Home
$490,000
11/12/25
5
2
1,770
38717 6th St E, Palmdale, CA
0.93
Multi-Family Home
$925,000
07/17/25
6
6
-

Nearby homes

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Assigned Schools

These are the assigned schools for 38225 12th St E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palmdale

At least 1244 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.
  • Alexander Batchelor
    "Great walkways and green space. Trash cans spaced appropriately with complimentary poop bag dispensers"
    0
    Flag
  • Dennis Lopez
    "Personal vehicles is necessary for this neighborhood as businesses and comercial centers are spaced farther then a mile "
    0
    Flag
  • Casey Lillestol
    "There are tons of families around this area. The parks are great fun with lots of different sports. Soccer, baseball, and basketball being most popular. But a skatepark and tennis courts are definitely close. It’s a safe neighborhood that feels like home. "
    1
    Flag
  • Loridee And Juan Cantillo
    "It’s a gated community on the east side of Palmdale. It’s relatively safe and near some schools. We have an HOA that actually does their job and even hosts events! "
    1
    Flag
  • Romerocv2003
    "Respect and get along with earth other. It’s well taken care of is clean people here everyone gets along"
    1
    Flag
  • Jose Campos
    "Yes but is very delates I see how waiting to long and sometimes raining and getting too wet or in summer people wait in temperatures above of hundred degrees very hot."
    0
    Flag
  • Carlos Garcia
    "He have a very good neighbors in all the area, is very quiet and safe everyone take the others, I am blessed and happy for this place in Palmdale City thanks "
    10
    Flag
  • Sallara88
    "I lived here for 14 years. It’s a peaceful neighborhood. Neighbors actively walk around the this neighborhood. I’m close to the freeway and the inner city."
    3
    Flag
  • Trulia User
    "Gated community. Friendly neighbors. HHS down the hill. Super quiet area. The community has a lot of trails for walking and hiking."
    0
    Flag
  • Hkfrederickson
    "Nothing. They need to bring back activities for children and adolescents. The mall is a joke. Need a indoor pool on the Westside of Palmdale- like off of Ave N between 50th -55th. "
    2
    Flag
  • Lea Mendez
    "I take a single bus too get too my location and if I’m feeling lazy the train too get to the valley."
    0
    Flag
  • Alicewollman
    "Some people take their aggressive dog off leash, making it unsafe for other dogs and the general public. "
    3
    Flag
  • Angel S.
    "East Palmdale is an amazing place to live. Especially the area around Ave S and 40th street. Amazing schools and all amenities close by. "
    2
    Flag
  • Jmaldonado9966
    "Palmdale/Lancaster is no longer a safe place to live. Couldn’t imagine paying that much on rent for this area "
    9
    Flag
  • Clarkpatriceg
    "Too many people not enough shopping. A little country and run down. Designed a little like Vegas in the lay-out "
    0
    Flag
  • Willie B.
    "I been here only a month and I love it it’s quiet and peaceful extra hot but everyone love the sunshine also most properties have swimming pools and lots of friendly people "
    0
    Flag
  • Mrmrsjsutherland
    "There are always neighbors walking by and they wave and speak. There are fruit trees in our front yard and people passing by occasionally ask if they can have apricots. "
    1
    Flag
  • Lisa P.
    "Elementary school around corner shopping a mile walking distance Quit for most part have sometimes noisy"
    15
    Flag
  • Jim.courtney
    "I have lived here for 12 years and it is very quiet. I came from Simi Valley which rolled up around 8:00 pm. It’s the same here."
    0
    Flag
  • Bengel.courtney
    "There are other families that live in this neighborhood. Kids play on sidewalks and street. there are friendly neighbors in this neighborhood."
    7
    Flag
  • Jay R.
    "No other place like Montera Estates in Palmdale California. Great place to live. Great neighbors would highly recommend. "
    0
    Flag
  • Amilcar S.
    "safe neighborhood friendly People Hardly Any wild party pass 10 lots of green feels 10 degrees cooler because of all the trees. Awesome place to live"
    0
    Flag
  • Paulamarie M.
    "My neighborhood is very quiet. People are respectful of their neighbors. Also, there will not be as many noise complaints due to the amount of space you have "
    0
    Flag
  • Jtruitt20
    "Great place to buy your first home! Has some crime, a lot of fireworks at night, but good place to start."
    11
    Flag
  • Latrease C.
    "I live in AnaVerde Palmdale. Very safe. People walk their dogs morning, noon and night. Very family oriented, remote, and calm community. West Palmdale. "
    0
    Flag
  • Jasmin J.
    "The city lights are nice we ha e a few food trucks out here the difference parks that we also have are nice and remodeled "
    0
    Flag
  • Cosiotammy
    "Dog park events at my neighborhood park. Also holiday community events like the Christmas parade and "
    7
    Flag
  • Steve.hofbauer
    "Lots of dogs in town, everyone has one, we have a couple of great dog parks, there’s one near the west side and one at a new park out on the East side "
    0
    Flag
  • Mrmitchellmls
    "it's a wonderful place you don have to worry about loose dogs everyone animals are well controled and everyone cleans up after there walks . I have been here for 37 years"
    0
    Flag
  • Steve.hofbauer
    "Summer concerts in the park, fall Kaleidoscope Festival, Dry Town Water Park, Playhouse performances, the finest Air Park in the Southwest "
    0
    Flag
  • Banuelosgustavo68
    "yes alway people walking there dogs there alway really frendly in this neighborhood so i dont see any problems "
    0
    Flag
  • Jordinmae1999
    "There are many dog owners that walk their dogs on a regular basis. I often see them walking their dog in the mornings."
    0
    Flag
  • Cindy G.
    "There are lots of families with kids. Lots of schools. Lots of shopping. Lots of people and traffic. "
    4
    Flag
  • Jennifer W.
    "Love here in West Palmdale, neighbors are friendly. I never have had an issue at all. Clean and Spacious houses "
    0
    Flag
  • Phyllisszierraevittatoe
    "Neighborhood needs more lights, street cleaned of debris and potholes fixed on Q-13. Fields kept clean also"
    0
    Flag
  • Bruce S.
    "Palmdale is dangerous. Living in Palmdale means being armed and trained. The worlds most dangerous street gang (LASD) is present and ridiculously threatening. Observe any traffic stop. In Palmdale the weapon always comes out first. "
    0
    Flag
  • Teno37teen
    "Always keep your children safe bc the people who drive in the neighborhoods don’t look out and have hit dogs and cats Lots of times"
    0
    Flag
  • Mg93551
    "Great but there are plans to add a lot of low income housing on one of the busiest intersections which is sure to cause major congestion soon."
    0
    Flag
  • Bobbi P.
    "My neighborhood is quiet and clean .All my neighbors are friendly. The grocery store is only 5 minutes away from my house."
    0
    Flag
  • Saulchavez323
    "honestly it just depends because on Weekends it’s a good commute but on weekdays it is just awful. There are so many commuters coming from Los Angeles to Palmdale it is really ridiculous!"
    0
    Flag

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Homes for sale near 38225 12th St E

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Off Market Homes Near 38225 12th St E

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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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.