406 408 E Avenue Q7, Palmdale, CA 93550
List Price: $440K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 6,003 sq ft
Private Pool: Yes
MLS Number: SR26153408
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.
Listing provided by: Martin Hernandez DRE #02072549 949-572-7743 Hernandezrealestate@yahoo.com, Ethos International Real Estate
Source: CRMLS, MLS #: SR26153408
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.