406 408 E Avenue Q7 Palmdale, CA $ 440,000
406 408 E Avenue Q7
$ 440,000
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406 408 E Avenue Q7

Palmdale, CA, 93550
$ 440,000
Baths2.0 Sq 1,360

Monthly Estimate*

$ 2,778

Listed by Ethos International Real Estate
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View a Virtual Tour
Studio

Multi-Family Home for sale in Palmdale, CA

for $440,000 with 2 full baths. This 1,360 square foot home was built in 1957 on a lot size of 0.1378.

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 Active

Price

$ 440,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1378

Year Built

1957

Town/City

Palmdale

County/Region

Los Angeles

MLS | Web ID

SR26153408

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1957
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 34200
Community Features Street Lights
County Los Angeles
Net Operating Income 23010
Operating Expense 11190
Insurance Expense 1506
New Construction false
Property Type Residential Income
Contingency None
Garage Y/N false
Special Listing Conditions Standard
Status Active
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
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area PLM - Palmdale
Lot Size Units Square Feet
Lot Size Square Feet 6003
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 3924
Water Sewer Expense 3360
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 178
Property Sub Type Additional Duplex
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Interior
Total Stories 1
Common Walls No Common Walls
Laundry Features Washer Hookup
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 6003
Number of Buildings 1
Building Area Total 1360
Lot Size Acres 0.1378
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Ethos International Real Estate

Broker

Hernandezrealestate@yahoo.com

Email

Affordability Calculator

$2,778
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,778
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$440,000 Listed Price

Map


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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 0.1378. 406 408 E Avenue Q7 is a studio with 2.0 baths and was built in 1957. The property's zip code is 93550 which is in Palmdale, CA