408 E Avenue Q7
Palmdale, CA, 93550
$440,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #SR26153408 image #0
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.

Property Details

Price:
$440,000
MLS #:
SR26153408
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
plmpalmdale
Listed Date:
Jul 14, 2026
Total Sq Ft:
1,360
Lot Size:
6,003 sqft / 0.14 acres (approx)
Year Built:
1957
Plm – PalmdalePlmpalmdale

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Schools

Interior

Laundry Features
WH
Levels
A

Exterior

Common Walls
NCW
Community Features
SL

Financial

Net Operating Income
$23,010

Map

Community

Subdivisions in Palmdale

Market Summary

Current real estate data for Single Family in Palmdale as of Aug 18, 2026
535
Single Family Listed
67
Avg DOM
265
Avg $ / SqFt
$542,138
Avg List Price

Property Summary

    408 E Avenue Q7 Palmdale CA is a Single Family for sale in Palmdale, CA, 93550. It is listed for $440,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1957. The average price per square foot for Single Family listings in Palmdale is $265. The average listing price for Single Family in Palmdale is $542,138.

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408 E Avenue Q7
Palmdale, CA