Photos coming soon
$440,000
406-408 E Avenue Q7, Palmdale, CA 93550
Ethos International Real Estate
4Beds
2Baths
0Days Listed
About This Property
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.
Martin HernandezEthos International Real Estate661-874-3245
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 4
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $440,000
Location & Neighborhood
What's nearby 406-408 E Avenue Q7, Palmdale, CA 93550
Nearby Schools
- Yucca Elementary School0.3 mi
elementary
Parks & Recreation
- 0.3 mi
- Poncitlán Square0.5 mi
park
Local Amenities
Dining
- Jasmine Thai0.1 mi
- El Carbonero0.3 mi
Grocery
- Vallarta0.1 mi
Library
- Palmdale City Library0.4 mi
Banking
- Bank of America0.4 mi
POI data updated 7/19/2026
Palmdale Market Snapshot
703
Active Listings
$390K
Median Price
146
Avg Days on Market
Last updated: Jul 14, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$440,000