406-408 E Avenue Q7, Palmdale, CA 93550
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$ 440,000
Est. payment | /mo

4 Beds

2 Baths

6,003 Sqft Lot


$ 440,000
Est. payment | /mo

4 Beds

2 Baths

6,003 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26153408

Bedrooms 4

Lot Size 6,003 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Palmdale Blvd., head south on 4th St. E, turn left on E Ave Q-7, and the property will be on the left.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 3008025019

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k

MLS Router / San Diego MLS
Listed by Martin Hernandez, DRE#02072549 Ethos International Real Estate 

Schools and Properties Nearby

Amjad Alsayori

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406-408 E Avenue Q7