Realty Solution
Powered by 
- 0
- 16
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Listed by: Martin Hernandez (661) 874-3245 DRE #02072549 | Luxury Collective (424) 395-4841
$440,000
Monthly Est:$2,190
4 Beds
4 Baths
1,360sqft
406 E 408 Ave Q7, Palmdale, CA 93550
$440,000
$2,190/moEst:
Get Pre-Approved
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. Interior inspections available with an accepted offer.
- Houzeo last checked: 10 hours ago
- Listing updated: September 21, 2026 at 9:11 pm
- Source: California Regional MLS-CA | MLS#: SR26153408
Part of
Property Details
Status
Pending
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
Pending
Days on Market
87
Cumulative Days on Market
65
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Washer Hookup
Parking Features
Assigned
Pool Features
None
Other Features
Community Features
Street Lights
Lot Features
Zero To One Unit Acre
Price History
| Date | Event | Price |
|---|---|---|
09/17/2026 Source: | Pending | $440,000 $324/sqft |
07/14/2026 Source: | Listed for Sale | $440,000 $324/sqft |
Getting Around 406 E 408 Ave Q7
Bike Score®
Bikeable
55/100
Walk Score®
Very Walkable
76/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Palmdale, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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 website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage