$11,250,000
38225 E 9th Street Q11/9T, Palmdale CA 93550
Multi-Family (31 Units)
Property type
1 day
On market
$248
Price per sqft
N/A
Garage
2025
Year built
45,738 sqft
Lot size
Home highlights
Open Houses
Overview
We are pleased to present 38225 9th Street East, a 31-unit brand new construction townhome development located in Palmdale, California. The offering is being brought to market vacant and pre-Certificate of Occupancy, providing an incoming investor full control over lease-up strategy, tenant selection, and initial rent structuring, including the ability to set rents at or above...
Listing provided by: Neema Ahadian DRE #01346750 310-909-5444, Marcus & Millichap
Listing updated: Jun 9, 2026 at 05:58pm.
Last checked: Jun 9, 2026 at 06:30pm
Source: CRMLS #26845169
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 31 | 2 | 2 | — | $2,639 | $2,489 | $81,800 | Unfurnished |
# of Buildings: 4
# of Units Total: 31
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
5.58%
NOI / List Price
Net Operating Income: $628,126
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 3
Levels: Three Or More
Garage and Parking
Parking: Covered, Garage, Tandem
Parking Total: 31
Lot Information
Land Lease: No
Parcel #: 3009018028
Zoning: PDMU3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 38225 E 9th Street Q11/9T, Palmdale, CA 93550. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$9,000,000
Total Interest
$11,479,004
Total Payment
$20,479,004
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$68,755
per month
Property History for 38225 E 9th Street Q11/9T
Palmdale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 93550.
Similar Homes
Listings with similar prices to 38225 E 9th Street Q11/9T