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Jenn Smart

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406 E Avenue Q7 , Palmdale, CA 93550
$440,000
Est. Payment: $977.78/mo
4 Bed
4 Bath
1360 Sqft
0.14 Acres
Status: pending | Days on site: 65
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SR0261900 - SR150561130
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House 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.

Highlights

Listed by Martin Hernandez , 661-874-3245 Luxury Collective , 424-395-4841. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1957

County

Los Angeles

Area

PLM - Palmdale

Listing ID

SR26153408

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned
Principal Interest
$978
Taxes
$281

Home Price

$440,000

Loan Details

30 yrs
0%

Down Payment

20%
$88,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$977.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $977.78 $280.50 $0.00 $1,258.28
Yearly $11,733.33 $3,366.00 $0.00 $15,099.33
Total $352,000.00 $100,980.00 $0.00 $452,980.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Palmdale, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T13:32:52.000Z

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