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Belmont Brokerage provides exclusive access to off-market luxury properties across Los Angeles, Beverly Hills, Glendale, Burbank, and Pasadena. Our agents leverage private networks and AI-powered market analysis to surface properties before they hit the MLS. Schedule a private showing through our website to explore available inventory.

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Belmont Brokerage serves all of Greater Los Angeles including Beverly Hills, Glendale, Burbank, Pasadena, DTLA, North Hollywood, Studio City, Sherman Oaks, Encino, Woodland Hills, Eagle Rock, Silverlake, Los Feliz, Atwater Village, Highland Park, La Crescenta, Tujunga, and Sun Valley. We specialize in both luxury residential and commercial real estate across these markets.

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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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38520 12th E — Palmdale — 3 Beds • 2 Baths • 1,454 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+15 more

$469,000

92 DOM

$323/sqft3 bd2 ba1,454 sqft

Call

38520 12th E Palmdale, CA 93550

12,767sqft lot

PRICE REDUCED!!!!Welcome to the perfect Palmdale home! This beautifully rehabbed property sits on a spacious 12,767 sq ft lot, offering plenty of room for outdoor activities and future expansions. Inside, you'll find brand-new flooring, fresh paint throughout, and modern fixtures that bring a contemporary touch to every room. The kitchen is open and has plenty of cabinet space throughout with new appliances. Don't miss out on this gem that combines comfort, style, and ample space.

MLS CV26003826

909-599-6600 (Office) OffersLhre@gmail.com

Est. payment

$2,998/mo

Principal & interestTaxesInsurance

$2,372$489$137

Down %

Rate %

Years

Down payment: $93,800 · Total cost: $947,547

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,998/mo

Principal & interest: $2,372
Est. property tax: $489
Est. insurance: $137
Down payment: $93,800

Est. gross rent$1,954/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,044/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 8, 2026	$499,000	—

Facts & Features

Transaction Data

▼Price Reduced from $499,000 (−$30,000)

Structure & Property

Year Built1957

Garage Spaces2

909-599-6600 (Office) OffersLhre@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

38520 12th E, Palmdale, CA 93550

Get Directions

Call

38520 12th E Palmdale, CA 93550

About this home

Michael Durkin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Michael Durkin

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

38520 12th E, Palmdale, CA 93550

About This Property

Property Photos

38520 12th E Palmdale, CA 93550

About this home

Michael Durkin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Michael Durkin

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.