Back 38501 Larkin Ave
Off Market

38501 Larkin Ave

Palmdale CA 93550

8
5
0.18 ac.
Multi-Family
Last sold for $900,000
Robert ProanoRobert Proano, last sold this property on 05 August 2025 after 89 days on market.

Overview

Low cost maintenance cash cow investment property (4-plex) located in the heart of Palmdale and in the Transit improvement project zone. Built in 1989 with (1) 3 bedroom 2 bath, (2) 2 bedroom 1 bath and (1) 1 bedroom 1 bath. The units are large and all have very open floor plans with central heat and air conditioning. All units occupied with good long term tenants and 3 of the 4 are on the section 8 program. Tenant's pay their own trash, gas and electric.There are 4 covered parking spaces in the back with 2 extra parking spaces that can be used for extra income. The laundry room is currently not in use but has been updated with a new water heater and the new owner can place coin washer/dryers for extra income if they desire. The large 3 bedroom unit has its own private fenced courtyard. Lots of upside with this solid income producing property. Don't miss out on the opportunity, act now before it's gone.

Features

8 bedrooms
5 bathrooms
0.18 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Palmdale over the last 12 months, the estimated median property value of 38501 Larkin Ave is $799k.

Median value
$799k
Estimated value range
$710.5k - $900k
Median days on market
7
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palmdale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38501 Larkin Ave

2025
Sold
$900,000
05 Aug 2025 by Robert Proano, of Realty One Group United
2019
Sold
$495,000
15 Aug 2019 by Naty Chu

Happy sellers in Palmdale

95%
95% of sellers in Palmdale reported that their sale price either exceeded or met their price expectations.

Palmdale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Palmdale over the last 12 months.

Local market activity for 8 bedroom multi families in Palmdale

In the last 12 months, 4 eight-bedroom multi families similar to 38501 Larkin Ave, have been sold.

This represents a 400% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palmdale

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent