38448 10th Pl E, Palmdale, CA 93550
OFF MARKET

38448 10th Pl E
Palmdale, CA 93550

  • 5 Beds
  • 3 Baths
  • 2,680 sqft (on 1.01 acres)

$740,300

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $4,423/mo*
Refinance Your Home

$740,300

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $4,423/mo*
Refinance Your Home
5 Beds
3 Baths
2,680 sqft
(on 1.01 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Excellent investment/development opportunity. This property consists of 3 detached houses on a street-to-street 1 acre lot, zoned ''Mixed Use 2 (MU2)'', which is a highly flexible zoning that allows for commercial and multifamily residential development. This property is also located within an opportunity zone, which may provide significant tax benefits. The 3 detached homes each have their own address. 38451 11th St E is a 1,400 sqft, 2 bed (plus a den) 1 bath home with a 2 car detached garage, currently rented at $1,663/month. 38456 10th Pl E is a 2 bed, 1 bath home, currently rented at $1,995. This unit was rehabbed/remodeled 1 year ago, and it recently received new windows. 38448 10th Pl E is a 1 bed, 1 bath home, currently rented at $924. This unit also recently received new windows. All 3 tenants are on month-to-month leases. This arrangement presents an excellent opportunity for investors with a variety of potential strategies. At the moment, the units produce good monthly cash flow. This cash flow can be increased by raising the rents over time or replacing the existing tenants. The detached garage can potentially be converted to an ADU for additional income. There is ample unused land on this property, which could allow for the construction of additional detached or attached units, while preserving the existing units. Finally, the existing units can be demolished, and a new multifamily and/or commercial project can be constructed. A developer could potentially build an affordable housing community, leverage special affordable housing financing, and stack LIHTC tax credits and opportunity zone tax benefits. In the meantime, while waiting for the project to be approved, the developer can collect rent from the existing tenants and avoid having ''dead money'' tied up in a vacant lot. This property is a great situation, as it sits on an acre of prime land, while also kicking off monthly income. This is a rare combination and an excellent opportunity.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 23, 2024

Home Highlights

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

Home Details for 38448 10th Pl E

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2680 Square Feet

Exterior Features

Exterior Home Features
Roof: Composition

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Frame
Property Information
Parcel Number: 3015005037

Price & Status

Price
List Price: $795,000
Status Change & Dates
Off Market Date: Fri May 03 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Palmdale

Building

Building Area
Building Area: 2680 Square Feet

Lot Information

Lot Area: 1.01 Acres

Offer

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

Miscellaneous

Mls Number: 24001438
Last check for updates: about 14 hours ago
Listed by Mark Mestepey DRE #01991537, (818) 624-0099
Castlestone Properties, Inc.
Bought with: Unknown Member, NON-MEMBER OFFICE
Source: GAVAR, MLS#24001438

Price History for 38448 10th Pl E

DatePriceEventSource
05/31/2024$725,000Sold
GAVAR #24001438
05/03/2024$795,000PendingGAVAR #24001438
05/02/2024$795,000PriceChange
GAVAR #24001438
02/27/2024$850,000Listed For SaleGAVAR #24001438
01/19/2011$117,900Sold
N/A
07/21/2004$304,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$11,372
Assessment$739,500
Home facts updated by county records

Comparable Sales for 38448 10th Pl E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
38466 12th St E, Palmdale, CA
0.21
Multi-Family Home
$600,000
05/28/25
5
3
2,125
38457 10th Pl E, Palmdale, CA
0.05
Multi-Family Home
$799,000
02/27/26
8
4
3,587
38429 10th Pl E, Palmdale, CA
0.06
Multi-Family Home
$840,000
08/15/25
8
4
3,736
38451 10th Pl E, Palmdale, CA
0.04
Multi-Family Home
$799,000
02/27/26
8
5
3,771
558 E Avenue Q12, Palmdale, CA
0.65
Multi-Family Home
$765,000
02/17/26
7
4
3,122
38564 5th St E, Palmdale, CA
0.61
Multi-Family Home
$780,000
06/16/25
4
5
3,912
38920 9th St E, Palmdale, CA
0.64
Multi-Family Home
$490,000
11/12/25
5
2
1,770
38833 9th St E, Palmdale, CA
0.57
Multi-Family Home
$455,000
07/10/25
4
2
1,434
2138 E Avenue Q6, Palmdale, CA
1.14
Multi-Family Home
$575,000
07/03/25
5
3
2,249

Assigned Schools

These are the assigned schools for 38448 10th Pl E.
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What Locals Say about Palmdale

At least 1243 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

  • 54 % Say they plan to stay for at least 5 years

  • 54 % Say people would walk alone at night

  • 47 % Say neighbors are friendly

  • 46 % Say it's walkable to restaurants

  • 32 % Say there's wildlife

  • 19 % Say there are community events

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 38448 10th Pl 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.

Homes for rent near 38448 10th Pl E

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Off Market Homes Near 38448 10th Pl E

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Explore by feature

38448 10th Pl E, Palmdale, CA 93550 is a 5 bedroom, 3 bathroom, 2,680 sqft multi-family built in 1949. This property is not currently available for sale. 38448 10th Pl E was last sold on May 31, 2024 for $725,000 (9% lower than the asking price of $795,000). The current Trulia Estimate for 38448 10th Pl E is $740,300.