38448 10th Pl E
Palmdale, CA 93550
- 5 Beds
- 3 Baths
- 2,680 sqft (on 1.01 acres)
5 Beds
3 Baths
2,680 sqft
(on 1.01 acres)
Home Value
Trulia Estimate
$739KSince last month
Decreased$12K (-1.6%)Since last year
Increased$24K (+3.4%)Since last sale
Increased$15K (+2.1%)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 +77% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $740K |
| July 2026 | $747K |
| June 2026 | $752K |
| May 2026 | $747K |
| April 2026 | $733K |
| March 2026 | $726K |
| February 2026 | $736K |
| January 2026 | $725K |
2025 | |
2024 | |
2023 | |
2020 | |
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 |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 4 | 3,587 | |
0.06 | Multi-Family Home | $840,000 | 08/15/25 | 8 | 4 | 3,736 | |
0.04 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 5 | 3,771 | |
0.65 | Multi-Family Home | $765,000 | 02/17/26 | 7 | 4 | 3,122 | |
0.72 | Multi-Family Home | $710,500 | 06/29/26 | 8 | 4 | 3,340 | |
0.64 | Multi-Family Home | $490,000 | 11/12/25 | 5 | 2 | 1,770 | |
0.69 | Multi-Family Home | $840,000 | 01/30/26 | 8 | 5 | 3,466 | |
0.60 | 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 |
|---|---|---|---|---|---|---|
0.04 | $799,000 | 8 | 5 | 3,771 | Recently Sold | |
0.05 | - | - | - | - | Off Market | |
0.05 | $799,000 | 8 | 4 | 3,587 | Recently Sold | |
0.06 | $836,400 | 8 | 4 | 3,736 | Off Market | |
0.06 | $729,900 | 8 | 4 | 3,840 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.08 | $874,500 | 8 | 12 | 4,286 | Off Market | |
0.11 | $332,600 | 3 | 2 | 1,248 | Off Market | |
0.13 | $624,500 | 5 | 4 | 1,943 | Recently Sold | |
0.15 | $995,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1949
Lot Size
1.01 acres
Living Area
2,680 sqft
Price/Sqft
$276
About this House
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.
38448 10th Pl E, Palmdale, CA 93550 is a 5 bedroom, 3 bathroom, 2,680 sqft multi-family built in 1949. It last sold for $725,000 on May 31, 2024 (9% below the $795,000 asking price). It is currently off market. The Trulia Estimate is $739,400, with a rent estimate of $2,165/month.
Home Details for 38448 10th Pl E
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2680 Square Feet |
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Exterior Home Features Roof: Composition |
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Year Built Year Built: 1949 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Frame |
Property Information Parcel Number: 3015005037 |
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Price List Price: $795,000 |
Status Change & Dates Off Market Date: Fri May 03 2024 |
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MLS Status: Closed |
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Direction & Address City: Palmdale |
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Building Area Building Area: 2680 Square Feet |
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Lot Area: 1.01 Acres |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional |
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Mls Number: 24001438 |
Last check for updates: about 8 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 and Tax history
| Date | Event | Price |
|---|---|---|
May 31, 2024 Source: GAVAR #24001438 | Sold | $725,000 |
May 3, 2024 Source: GAVAR #24001438 | Pending | $795,000 |
May 2, 2024 Source: GAVAR #24001438 | PriceChange | $795,000 Price decreased by 6% |
Feb 27, 2024 Source: GAVAR #24001438 | Listed For Sale | $850,000 |
Jan 19, 2011 Source: N/A | Sold | $117,900 |
Jul 21, 2004 Source: N/A | Sold | $304,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,372 | $739,500 |
Home facts updated by county records
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.
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Apartments for Rent
Homes for sale near 38448 10th Pl E
Off Market Homes Near 38448 10th Pl E
Frequently asked questions about 38448 10th Pl E
- What is 38448 10th Pl E estimated to be worth?Trulia's estimated value for 38448 10th Pl E in Palmdale, CA is $739,400.
- What is the price history for 38448 10th Pl E?38448 10th Pl E in Palmdale, CA last sold for $725,000 in May 2024.
- 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.

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Information is deemed reliable but not guaranteed.

