38902 Rambler, Palmdale, CA 93550
- $486,999
- List Price
- $486,999
- Status
- ACTIVE
- MLS#
- SR26192687
- Year Built
- 1955
- Lot Size
- 6,393
- Acres
- 0.15
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 8
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property 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
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $3,946
- Operating Expense
- 250
Listing courtesy of Listing Agent: Jose Navas Ampuero (Jbinvestmentsllc22@gmail.com) from Listing Office: Ethos International Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.