406 408 E Avenue Q7, Palmdale, California 93550
- $440,000
406 408 E Avenue Q7, Palmdale, California 93550
- $440,000
Overview
Property ID: SR26153408
- Duplex, Residential Income
- 1360 Sqft
- 1957
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.
Address
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Address: 406 408 E Avenue Q7
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City: Palmdale
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State/county: CA
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Zip/Postal Code: 93550
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Country: US
Details
Updated on July 14, 2026 at 6:21 pm-
Property ID SR26153408
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Price $440,000
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Property Size 1360 Sqft
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Land Area 0.1378 Acres
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Year Built 1957
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Property Type Duplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, 1031 Exchange
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Assigned
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Community Features Street Lights
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