Listed by Nancy Aynehchi, First Team Real Estate, (949) 857-2121 . Bought with HOMECOMING REALTY
38721 5th St E #1-4
Palmdale, CA 93550
- 8 Beds
- 4 Baths
- 3,340 sqft
$710,500
Last Sold: Jun 29, 2026
1% below list $720K
$213/sqft
Est. Refi. Payment $4,292/mo*
$710,500
Last Sold: Jun 29, 2026
1% below list $720K
$213/sqft
Est. Refi. Payment $4,292/mo*
8 Beds
4 Baths
3,340 sqft
Local Information
-- mins to
Description
This gated fourplex in East Palmdale offers a prime opportunity for investors seeking consistent rental income. Situated on a generous lot, the building consists of four units each with two bedrooms and one bathroom. Both upper units are renovated with modern quartz countertops, shaker cabinetry, vinyl flooring in family rooms and kitchens, and newer HVAC. Remodeling the other units presents a unique chance for added value. Lower units offer private patios. Each unit includes access to an enclosed detached garage: one 1-car and three 2-car garages. Water, Gas and electricity are separately metered. An inactive laundry room provides potential for future utility income. Whether looking to generate income, live in one and rent the others, or create multi-generational space, this property offers total flexibility. Centrally located near schools, shopping, and major commuter routes, this is perfect for investors or owner-users. Do not disturb tenants; showings available only after an accepted offer.
38721 5th St E #1-4, Palmdale, CA 93550 is a 8 bedroom, 4 bathroom, 3,340 sqft multi-family built in 1969. It last sold for $710,500 on Jun 29, 2026 (1% below the $719,999 asking price). It is currently off market. The Trulia Estimate is $710,500, with a rent estimate of $1,942/month.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$213/sqft
Listed
24 days ago
Home Details for 38721 5th St E #1-4
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Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedLaundry: Common Area,Washer Hookup,Gas Dryer Hookup |
Heating & Cooling Heating: Central,Wall FurnaceHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Central |
Fireplace & Spa Spa: NoneNo Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, VinylCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Floors: Carpet, Laminate, Vinyl |
View Has a ViewView: Neighborhood |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Fencing: Wrought IronFoundation: SlabNo Private Pool |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageNo Attached GarageParking Spaces: 5Parking: Door-Multi,Door-Single,Garage,On Street,Side By Side |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 5 |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexArchitecture: Traditional |
Building Construction Materials: StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Not Included in Sale: Appliances owned by the tenantsIncluded in Sale: Appliances owned by the seller.Parcel Number: 3008009023 |
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Price List Price: $719,999Price Per Sqft: $213/sqft |
Status Change & Dates Off Market Date: Sun Jun 07 2026Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Palmdale |
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Building Area Building Area: 3340 Square Feet |
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Community Features: Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7977 sqft |
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Special Conditions: Standard |
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Contingencies: buyer to cooperate with seller's possible 1031 exchange at no charge to the buyer.Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange |
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Expense Tenant Pays: Electricity, Gas, Water |
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Has Rent Control |
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Mls Number: OC26115351Living Area Range Units: Square FeetAttribution Contact: 714-496-8852Common Interest: CondominiumUniversal Property Id: US-06037-N-3008009023-R-N |
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Street LightsSidewalksSource Internet Entire Listing Display |
Last check for updates: about 2 hours ago
Listed by Nancy Aynehchi DRE #01450929, (714) 496-8852
First Team Real Estate
Bought with: TOM TRAN DRE #01331102, (626) 378-4222, HOMECOMING REALTY
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC26115351

Price History for 38721 5th St E #1-4
| Date | Price | Event | Source |
|---|---|---|---|
| 06/29/2026 | $710,500 | Sold | CRMLS #OC26115351 |
| 06/17/2026 | $719,999 | Pending | CRMLS #OC26115351 |
| 06/08/2026 | $719,999 | Contingent | CRMLS #OC26115351 |
| 06/02/2026 | $719,999 | Listed For Sale | CRMLS #OC26115351 |
Market trends in Palmdale
Last updated June 2026
Avg. sale price
$497K
$1KMoM
Sale-to-List Price
100.0%
Price per sq ft
$277
$2MoM
Available listings
586
2MoM
Comparable Sales for 38721 5th St E #1-4
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $840,000 | 01/30/26 | 8 | 5 | 3,466 | |
0.67 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 4 | 3,587 | |
0.69 | Multi-Family Home | $840,000 | 08/15/25 | 8 | 4 | 3,736 | |
0.67 | Multi-Family Home | $799,000 | 02/27/26 | 8 | 5 | 3,771 | |
0.29 | Multi-Family Home | $900,000 | 08/05/25 | 8 | 5 | - | |
0.46 | Multi-Family Home | $490,000 | 11/12/25 | 5 | 2 | 1,770 | |
0.81 | Multi-Family Home | $765,000 | 02/17/26 | 7 | 4 | 3,122 | |
0.34 | Multi-Family Home | $375,000 | 11/17/25 | 2 | 2 | 1,176 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 38721 5th St E #1-4.
What Locals Say about Palmdale
At least 1245 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
Apartments for Rent
Homes for sale near 38721 5th St E #1-4
Off Market Homes Near 38721 5th St E #1-4

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-18 00:14:47 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-18 00:14:47 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information