38721 5th Street East

Off Market

38721 5th Street East

Palmdale CA 93550

7977 sq. ft.

Multi-Family

Last sold for $710,500

Nancy Aynehchi, last sold this property on 29 June 2026 after 26 days on market.

Overview

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.

Features

8 bedrooms

4 bathrooms

7977 sq. ft. 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 38721 5th Street East is $799k.

Median value

$799k

Estimated value range

$710.5k - $840k

Median days on market

Estimated value trend

-8%

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 38721 5th Street East

2026

Sold

$710,500

29 Jun 2026 by Nancy Aynehchi, of First Team Real Estate

Happy sellers in Palmdale

96%

96% 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 5 reviews in Palmdale over the last 12 months.

Local market activity for 8 bedroom multi families in Palmdale

In the last 12 months, 3 eight-bedroom multi families similar to 38721 5th Street East, have been sold.

This represents a 100% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Palmdale for a market analysis.

Marcos Flores

at PG & Associates Inc

(52 reviews)

Get a market analysis

Paula Stafford

at GoPro Realty

(67 reviews)

Get a market analysis

Randy Hughes

at Coldwell Banker-A Hartwig Co.

(11 reviews)

Get a market analysis

Nancy Uribe

(14 reviews)

Get a market analysis

Nearby agents

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

Marcos Flores

Marcos Flores is a recommended agent for Palmdale. They have 2 local sales and collected 3 local reviews across the last 12 months.

5 (52 reviews)
3 Reviews in Palmdale
2 Sales in Palmdale

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Paula Stafford

Sellers who recommend Paula Stafford have praised them for being local expert, clear communication, responsive, patient, supportive, dedicated, and honest