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406 & 408 E Avenue Q7 Palmdale, CA $ 440,000
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$ 440,000 Get more info
406 & 408 E Avenue Q7
$ 440,000
Back to search
Share Save

406 & 408 E Avenue Q7

Palmdale, CA, 93550
$ 440,000
Bedrooms4 Baths0.0 Sq 1,360

Monthly Estimate*

$ 3,039

406 & 408 E Avenue Q7, Palmdale, CA 93550 - Image 1
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Multi-Family Home for sale in Palmdale, CA

for $440,000 with 4 bedrooms. This 1,360 square foot home was built in 1957 on a lot size of 0.14.

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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Multi-Family Pending

Price

$ 440,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

0.14

Year Built

1957

Town/City

Palmdale

County/Region

Los Angeles

MLS | Web ID

26005437
Features
General
Cooling Evaporative Cooling
Roof Shingle
Zoning PDR3
Construction Materials Stucco
Year Built 1957
Parcel Number 3008-025-019
County Los Angeles
Property Type Multi-Family
Status Pending
Directions From Palmdale Blvd. head south on 4th St. E turn left on E Ave Q-7 and the property will be on the left.
City Palmdale
Number Of Units Total 2
MLS Area 09 - Palm Div to 80th E
Lot Size Units Acres
Lot Size Square Feet 6098.4
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 09 - Palm Div to 80th E
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k
Standard Status Pending
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Size Area 0.14
Spa N
Building Area Total 1360.0
Lot Size Acres 0.14
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Total Bedrooms 4
Total Baths 0
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Internal Only
Street Number 1 406408
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* Excluded Features
List By
Martin J Hernandez

Listing Agent

Luxury Collective

Broker

hernandezrealestate@yahoo.com

Email

Affordability Calculator

$3,039
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,039
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2189091 Elementary School
2189092 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/13/2026$440,000 Listed Price

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406 & 408 E Avenue Q7, Palmdale, CA, 93550 is a Multi-Family Home for sale at $440,000 with 1,360 sqft and a lot size of 0.14. 406 & 408 E Avenue Q7 has 4 bedrooms, 0.0 baths, and was built in 1957. The property's zip code is 93550 which is in Palmdale, CA

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