Franz Rodriguez - Desert Lifestyle Properties Logo
$440,000
 $2,362 est/mo Sourced by Back At You

406 408 E Avenue Q7,Palmdale, CA 93550

Palmdale, CA 93550

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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 #SR26153408
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1957
Days On Site47
Listing Provided ByEthos International Real Estate | Martin Hernandez

Features

SQ Feet1,360
Story(s)1
Units2
Building(s)1
Acreage0.14

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Parking FeaturesAssigned
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights

Area Information

StateCA
CountyLos Angeles
CityPalmdale
Zip Code93550
AreaPLM Palmdale
Listing VS Median (in 93550)
Price:
$440,000
low | high
Med:
$440,000
50% of Average
sqft:
1,360
low | high
Med:
1,360
50% of Average
$ / sqft:
$324
low | high
Med:
$324
50% of Average
On site:
47
low | high
Med:
47
100% of Average
Sourced by Back At You

Market Activity 93550

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Contact

Learn More About This Property

Franz Rodriguez

Franz Rodriguez

Desert Lifestyle Properties

02002804 (951) 206-8296franzpsrealtor@gmail.com
StateCA
CountyLos Angeles
CityPalmdale
Zip Code93550
AreaPLM Palmdale
Listing VS Median (in 93550)
Price:
$440,000
low | high
Med:
$440,000
50% of Average
sqft:
1,360
low | high
Med:
1,360
50% of Average
$ / sqft:
$324
low | high
Med:
$324
50% of Average
On site:
47
low | high
Med:
47
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $330K - $550K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
410 412 E Avenue Q7 Property Photo 1
$437,000
410 412 E Avenue Q7
Palmdale, CA 93550
438 E Avenue Q7 B Property Photo 1
$2,000
438 E Avenue Q7 B
Palmdale, CA 93550
38454 Sumac Avenue Property Photo 1
$2,990
38454 Sumac Avenue
Palmdale, CA 93550
Listing Updated: August 22, 2026 at 12:06:42 AM PDT