38902 Rambler Avenue,Palmdale, CA 93550
Palmdale, CA 93550
Description
Prime Investment Opportunity: Turnkey Multi-Unit Duplex with Immediate Yield & SB 9 Expansion Potential in Unincorporated Palmdale Welcome to 38902 Rambler, an exceptional multi-unit property situated in the desirable unincorporated area of Palmdale. Offering an unbeatable combination of strong immediate cash flow, top-tier property conditions, and massive long-term development upside, this turn-key duplex is a rare find for savvy investors and portfolio builders alike. Fully Renovated & Functional Residences Both units on the lot have undergone extensive renovations, bringing modern aesthetics, upgraded finishes, and full operational functionality to every corner of the property: Front Unit (Unit 1): A spacious, fully renovated 3-bedroom, 1-bathroom floor plan featuring bright interiors, refreshed flooring, modernized kitchen and bathroom surfaces, and clean architectural details. Rear Unit (Unit 2): A fully renovated 2-bedroom, 1-bathroom residence enhanced by a flexible bonus room that easily serves as a third bedroom. Designed for maximum space utilization and modern comfort. Both units boast hassle-free living with clean, updated spaces that require zero immediate capital expenditure. Guaranteed & Stable Income Stream (HUD-VASH Tenants) Enjoy immediate stability and peace of mind from day one. Both units are occupied by valued veteran tenants supported through the HUD-VASH (VA Supportive Housing) program. This program offers landlords strong peace of mind with consistent, government-backed rental payments, low turnover, and the pride of supporting local military veterans with quality housing. Unlocking Massive Development Upside (SB 9 Zoned) The true crown jewel of 38902 Rambler lies in its future growth footprint. Positioned in unincorporated Palmdale, the lot is zoned for Senate Bill 9 (SB 9), providing an unmatched development opportunity. Investors can leverage SB 9 provisions to split the lot or expand the existing footprint to add up to three
Details
| MLS # | 26006142 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Year | 1955 |
| Days On Site | 22 |
| Listing Provided By | Ethos International Real Estate | Jose Navas Ampuero |
Features
| Bed(s) | 6 |
|---|---|
| SQ Feet | 1,770 |
| Units | 2 |
| Acreage | 0.15 |
Interior
| Heating | Ductless |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Ductless |
| Cooling Yes / No | Yes |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Stucco |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Palmdale |
| Zip Code | 93550 |
| Area | Los Angeles |
| Listing VS Median (in 93550) | |
Price: $486,999 low | high Med: $431,000 sqft: 1,770 low | high Med: 1,855 $ / sqft: $275 low | high Med: $251 On site: 22 low | high Med: 24.5 | |
Market Activity 93550
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Palmdale |
| Zip Code | 93550 |
| Area | Los Angeles |
| Listing VS Median (in 93550) | |
Price: $486,999 low | high Med: $431,000 sqft: 1,770 low | high Med: 1,855 $ / sqft: $275 low | high Med: $251 On site: 22 low | high Med: 24.5 | |