38533 E 11th Street, Palmdale, CA 93550

For Sale

^$399,900

2 beds • 1 baths • 864 sqft

Estimated Payment

^$ 2,077 /mo. ^†

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

CENTURY 21 Peak

11011 Balboa Boulevard Granada Hills, CA 91344
Phone: (818) 363-1717

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Single Family Detached
Property type
$462.85
Price per square foot
Over 50 Years Old
Age

Explore this Property

Excellent investment/development opportunity at a very attractive price. Currently one of the lowest-priced single-family homes in Palmdale. This property sits on a half-acre, street-to-street lot with Palmdale's highest density RN4 zoning, which allows for 30-50 units per acre. Thus, this property could allow for 15-25 units on its half-acre lot. Currently, there is a single-family home on the lot. It is being rented for $1,550 per month to a longtime tenant. These tenants would like to stay long term, if possible. This property presents investors with a variety of potential strategies. The property currently produces good cash flow. This cash flow can be increased by raising the rent on the current tenants. Owing to California's new legislation regarding ADU's on multi-family zoned properties, multiple ADU's could be built on the excess land while retaining the original house. With its street-to-street lot, access to the rear ADU's would be easy on this property. Finally, the existing house could be demolished and a new 15-25 unit apartment building could be built. Additional density may be had through affordable housing exemptions, LIHTC financing and tax credits may be available, and this property is also in an opportunity zone for additional potential benefits. While waiting for a new project to be approved, rent can continue to be collected from the tenants to avoid having ''dead money'' tied up in a vacant land parcel. There are numerous potential strategies here for a wide variety of investors. All utilities, including sewer, are connected. Sitting on prime multi-family land in the heart of Palmdale, this property's development potential is immense. Don't miss out!

MLS# 25000735

Courtesy Of Castlestone Properties, Inc.

(818) 993-0099

Property Features

Age

Over 50 Years Old
Appliances

Oven - Gas
Architecture Style

New Traditional
Lot Size

0.51 Acres

Map and Directions

Directions to 38533 E 11th Street, Palmdale, CA 93550

Home seller CENTURY 21 Peak

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CENTURY 21 Peak

(818) 363-1717

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Mortgage Calculator

Purchase Price

Down Payment

$ %

Loan Term

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Interest Rate

Monthly Payment Breakdown

Principle and Interest
$2,077
Property Taxes
$0
Hazard Insurance
$0
Private Mortgage Insurance
$0
HOA Dues
$0
Total Monthly Payment:
$2,077

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Tamarisk Elementary School

Grades KG-5 Public School

Palmdale, CA 93550 0.8 miles
1843 e avenue q5

704 total students
25:1 Student teacher ratio

School Rating: D

School Details

Sage Space Aeronautics Gateway To Exploration Magnet Academy

Grades 6-8 Public School

Palmdale, CA 93550 1.2 miles
38060 20th st e

922 total students
21:1 Student teacher ratio

School Rating: D-

School Details

Palmdale High School

Grades 9-12 Public School

Palmdale, CA 93550 1.3 miles
2137 e avenue r

2567 total students
22:1 Student teacher ratio

School Rating: D+

School Details

Other Nearby Schools	Distance	Type	Grades	School Rating
R. Rex Parris High School	0.7 miles	Public	9-12	D-
Tumbleweed Elementary School	1 miles	Public	KG-5	C
Yucca Elementary School	1 miles	Public	KG-5	D
Palm Tree Elementary School	1.1 miles	Public	KG-5	C+
Palmdale Learning Plaza	1.3 miles	Public	KG-8	A-

Antelope Valley Regional Occupational Program	1.8 miles	Public	9-12
Desert Rose Elementary School	2 miles	Public	KG-5	C-
Palmdale United Methodist Preschool-kindergarten	2.3 miles	Private	PK-KG
Manzanita Elementary School	2.4 miles	Public	KG-5	D-
Palmdale Aerospace Academy	2.4 miles	Public	KG-12	B
Cactus Magnet Academy	2.5 miles	Public	6-8	D+
Innovations Academy Of Palmdale	2.5 miles	Public	KG-8	D
Oak Tree Community Day	2.5 miles	Public	KG-8	F
Ocotillo Elementary School	2.6 miles	Public	KG-5	B-
Dos Caminos Dual Immersion	2.6 miles	Public	KG-8	C-
Palmdale Discovery Center	2.7 miles	Public	KG-8
Joshua Hills Elementary School	2.9 miles	Public	KG-5	D+

R. Rex Parris High School

Distance: 0.7 miles

Type Public

Grades: 9-12

D-

Tumbleweed Elementary School

Distance: 1 miles

Type Public

Grades: KG-5

Yucca Elementary School

Distance: 1 miles

Type Public

Grades: KG-5

Palm Tree Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Palmdale, CA 93550

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Palmdale, CA 93550

This community’s employment is highest in the computer and education industries. The area’s overall household expenses are below the national average.

90° July

Hottest Average Month

37° January

Coldest Average Month

22,102 Total Households in Area

-3.2% Increase in population since the year 2010

46.8%

of households
have children

40 minutes

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Palmdale, CA 93550

Palmdale, CA 93550 has a population of 78,362 people in 22,102 households with a median age of 32 years old.

-3.2%

Decrease in population
since the year 2010

Population is Trending down

23,436

Total households as of 2010

0.4%

projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Hispanic	69%
Other	42%
White	22%
Black	14%
Asian	3%
Native American	2%

The most prevalent ethnicity is Hispanic at 69%, followed by Other at 42%, White at 22%, and Black at 14%.

Economics
for Palmdale, CA 93550

401 /sq mi

Population Density

$54,246 /yr

Median Household Income

$448,500

Median Sales Price

40 min

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.61% of the households.

Transportation to Work

Drive 90%
Work from Home 5%
Walk or Bike 3%
Public Transit 2%

Occupancy by Type

Owned	11,756	51%
Rented	10,346	45%
Vacant	828	4%

White vs Blue Collar Jobs

White Collar	58%
Blue Collar	42%

Family & Education Facts
for Palmdale, CA 93550

32 Median Age

Average Household Size

3.5

persons per
household

44%

Married Households

Community Population By Education

High School Graduate	32%
Some High School	29%
Some College	22%
Associates Degree	7%
Bachelors Degree	7%
Graduate Degree	3%

Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 32.38% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)

46.8% of households have children

Weather
for Palmdale, CA 93550

The weather for this area ranges from a high of 90° F in July to a low of 37° F in January

90° July

Hottest Average Month

37° January

Coldest Average Month

Average Temperature by Month

Low (°F)

High (°F)

Jan

37°

56°

Feb

38°

58°

Mar

40°

61°

Apr

43°

67°

May

49°

74°

Jun

55°

82°

Jul

62°

90°

Aug

62°

90°

Sep

58°

85°

Oct

51°

75°

Nov

43°

64°

Dec

38°

57°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

38533 E 11th Street, Palmdale, CA 93550

$399,900

$ 2,077 /mo. †

Explore this Property

Property Features

Map and Directions

Home seller CENTURY 21 Peak

CENTURY 21 Peak

Mortgage Calculator

Monthly Payment Breakdown

Schools

Tamarisk Elementary School

Sage Space Aeronautics Gateway To Exploration Magnet Academy

Palmdale High School

Local area information for Palmdale, CA 93550

Palmdale, CA 93550

Household Expenses vs National Average

Demographic facts for Palmdale, CA 93550

Community Population By Age

Community Population By Ethnicity

Economics for Palmdale, CA 93550

Household Expenses vs National Average

Household by Income

Transportation to Work

Occupancy by Type

White vs Blue Collar Jobs

Family & Education Facts for Palmdale, CA 93550

Average Household Size

Community Population By Education

Household Family Expenses vs National Average

Weather for Palmdale, CA 93550

Average Temperature by Month

Precipitation

38533 E 11th Street Palmdale , CA 93550

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^$399,900

^$ 2,077 /mo. ^†

Demographic facts
for Palmdale, CA 93550

Economics
for Palmdale, CA 93550

Family & Education Facts
for Palmdale, CA 93550

Weather
for Palmdale, CA 93550

38533 E 11th Street
Palmdale , CA 93550