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38708 Larkin, Palmdale, California 93550, Palmdale, 93550 - bed, bath

38708 Larkin, Palmdale, California 93550 home-pic-0
ACTIVE$780,000
38708 Larkin, Palmdale, California 93550
0Bed
0Bath
2,240Sqft
8,076Lot
Year Built
2007
Close
-
List price
$780K
Original List price
$780K
Price/Sqft
$348
HOA
-
Days on market
-
Sold On
-
MLS number
OC25270714
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $780.0K(33th), sqft - 2240(33th), beds - undefined(50th), baths - undefined(50th).

?? Charming Income-Producing Duplex A Turnkey Investment Opportunity! Discover this well-maintained duplex, offering exceptional rental income and flexibility for investors. Currently occupied by long-term Section 8 tenants, with the option for one unit to be delivered vacant if needed, perfect for owner-occupants or those looking to set new rental terms. **Property Highlights** Two spacious units, each featuring: 4 bedrooms / 1.5 bathrooms All bedrooms are conveniently located upstairs Washer & dryer hookups Large lot, with separate, private yard space for each unit Attached 2-car garages, one for each unit Strong rental history with reliable, long-term occupants **Investment Benefits** Immediate income from fully occupied units, with flexibility to have one delivered vacant Section 8 tenancy provides, consistent, dependable rental payments Low-maintenance setup with tenants who have been in place long term **Showing Information** Shown by appointment only. Please do not disturb tenants This duplex offers the perfect combination of charm, space, dependable income, and versatility, ideal for investors or owner-users. Contact us today for more details or to schedule a private viewing!

Price History

Date
Event
Price
12/04/25
Listing
$780,000
02/06/19
Sold
$416,000
12/05/14
Sold
$245,000
06/08/11
Sold
$130,000
04/22/05
Sold
$55,000
Condition Rating
Good
Built in 2007, this property is 17 years old, placing it within the 'Good' category for age. The listing describes it as 'well-maintained' and 'low-maintenance.' The exterior appears clean, and the carpet in the bedroom image looks new or very well-kept. The kitchen features painted white cabinets, a functional double stainless steel sink, and a newer stainless steel Frigidaire dishwasher. While the dark blue countertops and older white range are not modern, the kitchen is clean and fully functional, requiring no immediate renovation. Overall, the property is move-in ready with systems likely within their expected lifespan, aligning with a 'Good' condition score.
Pros & Cons

Pros

Income-Producing & Turnkey: This property is explicitly marketed as an 'Income-Producing Duplex' and a 'Turnkey Investment Opportunity,' offering immediate rental income from fully occupied units.
Reliable Section 8 Tenancy: Currently occupied by long-term Section 8 tenants, ensuring consistent and dependable rental payments, which is a significant advantage for investors seeking stable cash flow.
Spacious Units & Desirable Amenities: Each unit features 4 bedrooms and 1.5 bathrooms, along with private yard space, washer/dryer hookups, and an attached 2-car garage, appealing to a broad tenant base.
Flexibility for Owner-Occupancy/New Terms: The option to deliver one unit vacant provides flexibility for an owner-occupant or an investor looking to set new rental terms, broadening the potential buyer pool.
Well-Maintained & Newer Construction: Built in 2007 and described as 'well-maintained,' the property likely requires less immediate capital expenditure compared to older, less cared-for assets.

Cons

Showing Restrictions: The requirement for appointments only and the request not to disturb tenants can complicate and limit the frequency of showings for potential buyers.
Palmdale Market Perception: While offering affordability, Palmdale's market may be perceived as having slower appreciation potential or a different tenant demographic compared to more prime Southern California locations.
All Bedrooms Upstairs Layout: The layout with all bedrooms located upstairs may not appeal to all prospective tenants or owner-occupants, particularly those with mobility concerns or a preference for a downstairs bedroom.

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