Listed by Jose Navas Ampuero•DRE #02050322• Ethos International Real Estate
Contact: 818-641-0986
For sale
$479,999
Est. $3,285/mo —
5
bd
•
2 ba
•
1,770
sq ft
38902 Rambler, Palmdale, CA 93550
About this home
BACK ON THE MARKET NO FAULT TO SELLER PRICE IMPROVEMENT 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.
Palmdale Central City, located between Sierra Highway and 10th Street West, is a civic and commercial Palmdale neighborhood with a rail hub and a courthouse core. The neighborhood’s character concentrates around the Palmdale Transportation Center on West Palmdale Boulevard, where buses, Metrolink platforms, and daytime foot traffic set a steady tempo. Mid-century storefronts and low-rise civic buildings line wide boulevards, with newer infill apartments appearing near transit. The Palmdale Playhouse and the Palmdale Amphitheater anchor the local arts calendar. Poncitlán Square brings a market-and-taqueria energy to the grid. Marie Kerr Park adds lawns, courts, and a community center feel a few blocks from downtown.
Provided by Walk Score and Local Logic
Offer insights
38902 Rambler · $479,999
$481K and above
75% chance or better to win
Why $481K+ is a strong offer
DAYS ON MARKET
30 days
The average home goes pending in 70 days.
SALE-TO-LIST
97.9%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ground-level entry
Attached property with one common wall
Two separate electric meters and two separate gas meters
BOM ON THE MARKET NO FAULT TO SELLER PRICE IMPROVEMENT 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)
Public Records
Aug 16, 2023
Sold
$440,000
$249/sq ft
Public Records
Oct 8, 2021
Sold
$280,000
$158/sq ft
AVMLS #19006091
Dec 12, 2019
Listing Removed
—
Jun 4, 2019
Price Changed
$268,888
$152/sq ft
Jun 3, 2019
Listed
$278,000
$157/sq ft
TheMLS #14-797889
Oct 22, 2014
Sold
$133,000
$75/sq ft
Oct 20, 2014
Pending
—
Sep 29, 2014
Listed
$149,900
$85/sq ft
Public Records
Feb 12, 1999
Sold
$75,000
$42/sq ft
Public Records
Mar 6, 1998
Sold
$27,000
$15/sq ft
AVMLS #23896
Jan 5, 1998
Listed
$28,000
$16/sq ft
Public Records
Sep 28, 1990
Sold
$120,000
$68/sq ft
Public Records
Aug 11, 1987
Sold
$75,000
$42/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,000 (+6.0%)
$112,200 + $336,600
$448,800
2024
$6,607 (+24.7%)
$112,200 + $336,600
$448,800
2023
$5,296 (+4.0%)
$110,000 + $330,000
$440,000
2022
$5,094 (+81.6%)
$56,100 + $290,700
$346,800
2021
$2,805 (+1.4%)
$55,000 + $285,000
$340,000
2020
$2,766 (+1.0%)
$22,204 + $125,464
$147,668
2019
$2,739 (+1.3%)
$21,977 + $124,178
$146,155
2018
$2,704 (+1.2%)
$21,547 + $121,744
$143,291
2017
$2,671 (+5.5%)
$20,711 + $117,017
$137,728
2016
$2,531 (+0.9%)
$20,711 + $117,017
$137,728
2015
$2,508 (+15.7%)
$20,305 + $114,723
$135,028
2014
$2,168 (+6.3%)
$38,361 + $57,413
$95,774
2012
$2,039 (+6.1%)
$38,188 + $57,154
$95,342
2011
$1,923 (+3.5%)
$37,440 + $56,034
$93,474
2010
$1,858 (+4.2%)
$36,706 + $54,936
$91,642
2009
$1,782 (+10.9%)
$36,432 + $54,526
$90,958
2008
$1,607
$36,519 + $54,656
$91,175
Public record
Public record
Zoning
Permits
Beds
5
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
6,393 Sq. Ft.
Year renovated
1955
Finished Sq. Ft.
1,770
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,770
Year built
1955
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
3022019001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
R-2
Two-Family Residence Zone
Residential Zones preserve, protect, and enhance areas for residential land uses in a range of densities; provide for orderly, well-planned, and balanced growth of residential neighborhoods; and ensure adequate light, air, privacy, and open space for each dwelling. These zones also provide for the appropriate location of public and semi-public uses such as schools, parks, and religious facilities that can serve and complement residential uses.
Permitted uses
Include but are not limited to:
Agriculture-Other
Housing-Other
Infrastructure-Other
Aug 26, 2023 • Final
Residential repair/replacement building permit - county
Bathroom
Demolition
Remodel
Jan 21, 2023 • Final
Electrical permit (simple) - county
Perform a walk-through inspection for an electrical release.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 100° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
25 unhealthy days expected this year, 29 days in 30 years
Provided by First Street
Historical weather
Palmdale, CA • 93550
Average low and high temperatures (°F)
60
36
65
42
72
46
71
48
81
56
90
65
94
70
96
71
87
64
82
54
66
43
65
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Palmdale. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 38902 Rambler
$473,645
$6,354 under list price of $480K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $485K.