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$486,999
Est. payment /mo
6,394 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26192687
HOA Y/N No
Year Built 1955
Lot Size 6,394 Sqft
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
Location
State CA
County Los Angeles
Area Plm - Palmdale
Interior
Fireplace No
Laundry Outside
Exterior
Carport Spaces 2
Pool None
Community Features Suburban
Total Parking Spaces 6
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 3022019001
Energy Description 35.0
Acceptable Financing Conventional, 1031 Exchange, FHA, Submit
Listing Terms Conventional, 1031 Exchange, FHA, Submit
Special Listing Condition Standard
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Listed by Jose Navas Ampuero Ethos International Real Estate 818-641-0986, DRE #02050322
Nearby Locations
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