406 408 E Avenue Q7, Palmdale, CA 93550

$440,000

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Listed by Martin Hernandez, 661-874-3245 from Luxury Collective
(If provided) CoList: from

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List Price: $440,000
MLS#: CRSR26153408
Status: PENDING (DO NOT SHOW)
Lot Size: 6,003
Listing Area: Plm - Palmdale

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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.

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Additional Information

Garage Parking: Assigned Spaces
Laundry Facilities: 30
Levels: One Story
Lot Size: 6,003
Neighborhood: Plm - Palmdale
Numberof Units: 2
Pool Description: None
Unincorporated Yn: Yes

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Fine Group Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.