408 E Avenue Q7, Palmdale, CA 93550

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Beds

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Baths

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Sq ft

About this home

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.

Type

Duplex

Year built

1957

Lot

6,003 sq ft

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$2,775/mo

Principal & interest$2,225
Property tax (est.)$422
Home insurance (est.)$128

Down payment: 20% ($88,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Martin Hernandez, Luxury Collective, 661-874-3245. MLS# SR26153408. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:57 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.