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Listed by: Martin Hernandez (661) 874-3245 DRE #02072549 | Ethos International Real Estate (949) 572-7743
$440,000
4 Beds
2 Baths
1,360sqft
406 408 E Avenue Q7, Palmdale, CA 93550
$440,000
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Duplex
Built in 1957
$-- HOA
6,003 sqft lot
$324/sq.ft
Description
Rare opportunity to own a fully occupied income-producing duplex generating **$2,850/month ($34,200 annually)** in gross rental income. Offered at **$440,000**, this property features an attractive **GRM of 12.87** and an approximate **5.9% cap rate**. Each spacious 2-bedroom, 1-bath unit is tenant occupied, with tenants paying all utilities except water and trash. **The neighboring duplex at 410-412 E Ave Q-7 is also available for purchase**, creating an excellent opportunity to acquire two side-by-side investment properties. Conveniently located near shopping, schools, and commuter routes with strong rental demand. **Please do not disturb tenants. Drive-by only. Interio...
Continue Reading- Houzeo last checked: 2 hours ago
- Listing updated: July 15, 2026 at 1:18 pm
- Source: California Regional MLS-CA | MLS#: SR26153408
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1957
HOA Fees
-
Finished Area
1,360 sqft
Lot Size
6,003 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26153408
MLS Status
Active
Days on Market
42
Cumulative Days on Market
1
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