Property
$1,550,0000.71 Acres15 beds • 8 baths • 5,626 sq ft
Under Contract
Under Contract
$1,550,0000.71 Acres
Under Contract
15 beds • 8 baths • 5,626 sq ft

38605 E 25th St East Street, Palmdale, CA 93550 - Los Angeles County

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Property ID 24558778

E - Palmdale, CA

Spectacular turnkey 4 unit investment. OR FHA as one unit may be delivered vacant. This Fully remodeled property spans 15 bedrooms and 8 bathrooms. Generating $146,000+ in gross annual rent. Each unit features recessed lighting, custom closets, upgraded fireplaces and 2 car garages with custom storage. Two units include new Ac/Heating systems: two units have in garage washer and dryers, other two units have designated laundry areas. Residents enjoy private enclosed backyards and ample cul-de-sac parking, plus park like grounds with possibly, potential for expansion. Situated in an Opportunity Zone with no City of LA rent control, rents can rise up to 8.9% annually underAB-1482. Fully occupied ( three section 8 tenants) this asset delivers stable cash flow, minimal vacancy risk, and long-term appreciation.

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First Alliance Mortgage Corp

License #01219638

Los Angeles, CA

(818) 968-5361
Listing provided by
Frank Ilderem
First Alliance Mortgage Corp(818) 518-1434
Source: ListHub, MLS# 25006665
Listing status: Pending
Listing last updated: October 31, 2025 at 9:42 PM
Listing last checked: December 11, 2025 at 3:30 PM
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Frank Ilderem

First Alliance Mortgage Corp
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Frank Ilderem

First Alliance Mortgage Corp