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406 408 E Avenue Q7, Palmdale, CA 93550

Palmdale
Local realty services provided by:CENTURY 21 Epic
406 408 E Avenue Q7,Palmdale, CA 93550
$440,000
  • - Beds
  • - Baths
  • 1,360 sq. ft.
  • Multi-family
  • Active
Listed by: martin hernandez
Office: ethos international real estate949-572-7743
MLS#:SR26153408
Source:CRMLS

Price summary

  • Price:$440,000
  • Price per sq. ft.:$323.53

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:SR26153408
  • Added:58 day(s) ago
  • Updated:September 11, 2026 at 10:58 AM

Rooms and interior

  • Living area:1,360 sq. ft.

Structure and exterior

  • Year built:1957
  • Building area:1,360 sq. ft.
  • Lot area:0.14 Acres
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$440,000
  • Price per sq. ft.:$323.53

Parking

  • Parking description:Assigned
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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