Listing provided courtesy of Martin Hernandez of Ethos International Real Estate. Last updated . Listing information © 2026 Sandicor.
Asking Price: $440,000
406-408 Avenue Q7, Palmdale CA 93550
Community:
This ResidentialIncome property was built in and is priced at $440,000. Please see the additional details below.
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.
