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.
For sale
Listed by: Ethos International Real Estate • Martin Hernandez • Contact: 661-874-3245
$440,000
406-408 E Avenue Q7, Palmdale, CA 93550
8beds
4baths
1,360sqft
:
Get pre-qualified$3,136/mo
Duplex
Built in 1957
-- sqft lot
$437,500 Zestimate®
$324/sqft
$-- HOA
What's special
- 29 days |
- 3,468 |
- 236 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Martin Hernandez DRE #02072549 661-874-3245,
Ethos International Real Estate
Source: CRMLS,MLS#: SR26153408
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Laundry: Washer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,360
- Total interior livable area: 1,360 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 6,003 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 3008025019
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Palmdale
Financial & listing details
- Price per square foot: $324/sqft
- Date on market: 7/14/2026
- Cumulative days on market: 29 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
$437,500
$416,000 - $459,000
$2,592/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Listed for sale | $440,000$324/sqft |
Source:  CRMLS #SR26153408 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93550
Nearby schools
GreatSchools rating
- 4/10Yucca Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10David G. Millen IntermediateGrades: 6-8Distance: 2.9 mi
- 4/10Highland High SchoolGrades: 9-12Distance: 3.1 mi
- $437,0008 bd4 ba1.3k sqft410-412 E Avenue Q7, Palmdale, CA 93550For Sale
- $418,1004 bd2 ba1.3k sqft406 E Avenue Q7, Palmdale, CA 93550Off Market
- $440,0004 bd2 ba1.3k sqft406 & 408 Easton St #Q7, Palmdale, CA 93552For Sale
- $437,0004 bd2 ba1.3k sqft410 & 412 Easton St #Q7, Palmdale, CA 93552For Sale
- $417,4004 bd2 ba1.3k sqft412 E Avenue Q7, Palmdale, CA 93550Off Market
- $27,500-- bd-- ba-- sqftVac/ave Q7/vic 4th Ste, PALMDALE, CA 93550Off Market
- $81,0006,098 sqftAve Q7 Vic 4th Ste, Palmdale, CA 93550Sold
- $444,4003 bd2 ba1.3k sqft360 E Avenue Q7, Palmdale, CA 93550Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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