406-408 E Avenue Q7, Palmdale, CA 93550
406-408 E Avenue Q7, Palmdale, CA 93550
406-408 E Avenue Q7, Palmdale, CA 93550
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$440,000
Est. payment /mo
4 Beds
2 Baths
6,003 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26153408

Bedrooms 4

Lot Size 6,003 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From Palmdale Blvd., head south on 4th St. E, turn left on E Ave Q-7, and the property will be on the left.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 3008025019

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Virtual Tour https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k

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MLS Router / San Diego MLS
Listed by Martin Hernandez, DRE#02072549 Ethos International Real Estate 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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406-408 E Avenue Q7