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$ 486,999
Est. payment | /mo
6 Beds
1,770 SqFt
$ 486,999
Est. payment | /mo
6 Beds
1,770 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,770 sqft
Price per Sqft $275
MLS Listing ID 26006142
Bedrooms 6
Year Built 1955
Lot Size 6,534 Sqft
Acres 0.15
Source Greater Antelope Valley Association of REALTORS®
Land Area 1770
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
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
Zoning LCR2
Direction Take sierra highway , make a right on avenue q I left on rambler
Interior
Heating Ductless
Cooling Ductless
Exterior
Roof Type Asphalt
Building
Structure Type Stucco
Schools and Properties Nearby
