$440,000
 $2,362 est/mo Sourced by Back At You

406 & 408 E Avenue Q7,Palmdale, CA 93550

Palmdale, CA 93550

Share:

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.

Details

MLS #26005437
Listing TypeFor Sale
Sub-TypeResale
Year1957
Days On Site55
Listing Provided ByLuxury Collective | Martin J Hernandez

Features

Bed(s)4
SQ Feet1,360
Units2
Acreage0.14

Interior

CoolingEvaporative Cooling
Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsStucco

Area Information

StateCA
CountyLos Angeles
CityPalmdale
Zip Code93550
AreaLos Angeles
Listing VS Median (in 93550)
Price:
$440,000
low | high
Med:
$426,500
53.068181818182% of Average
sqft:
1,360
low | high
Med:
1,582
33.676470588235% of Average
$ / sqft:
$324
low | high
Med:
$270
66.656373517787% of Average
On site:
55
low | high
Med:
111.5
49.32735426009% of Average
Sourced by Back At You

Market Activity 93550

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Greater Antelope Valley AOR. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Greater Antelope Valley AOR. All Rights Reserved.

Contact

Learn More About This Property

StateCA
CountyLos Angeles
CityPalmdale
Zip Code93550
AreaLos Angeles
Listing VS Median (in 93550)
Price:
$440,000
low | high
Med:
$426,500
53.068181818182% of Average
sqft:
1,360
low | high
Med:
1,582
33.676470588235% of Average
$ / sqft:
$324
low | high
Med:
$270
66.656373517787% of Average
On site:
55
low | high
Med:
111.5
49.32735426009% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $330K - $550K
sqft: 1,000 - 1,500
Listing Updated: August 7, 2026 at 8:41:32 AM PDT
Real Estate Links Our Domains