About 406 408 E Avenue Q7
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.
Features of 406 408 E Avenue Q7
| MLS® # | SR26153408 |
|---|---|
| Price | $440,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Lot Size | 6,003 |
| Year Built | 1957 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Pending |
| # Of Units | 2 |
Community Information
| Address | 406 408 E Avenue Q7 |
|---|---|
| Area | PLM - Palmdale |
| City | Palmdale |
| County | Los Angeles |
| Zip Code | 93550 |
Amenities
| Parking | Assigned |
|---|---|
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | July 14th, 2026 |
|---|---|
| Days on Market | 65 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Martin Hernandez |
|---|---|
| Office | Ethos International Real Estate |