406 408 E Avenue Q7, Palmdale, California 93550

  • $440,000
406 408 E Avenue Q7, Palmdale, CA 93550
Active
406 408 E Avenue Q7, Palmdale, California 93550
406 408 E Avenue Q7, Palmdale, CA 93550
  • $440,000

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 406 408 E Avenue Q7
  • City Palmdale
  • State/county CA
  • Zip/Postal Code 93550
  • Country US

Details

Updated on July 15, 2026 at 1:18 pm
  • Property ID: SR26153408
  • Price: $440,000
  • Property Size: 1360 Sqft
  • Land Area: 0.1378 Acres
  • Year Built: 1957
  • Property Type: Duplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned
  • Community Features: Street Lights

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  • Hoyt Hochman