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410 & 412 E Ave Q7, Palmdale, CA 93550

$437,000
: 4
BD
: 1,360
SqFt

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List Price: $437,000
Status: PENDING
Days on Market: 105
MLS#: 26005438
Subtype: Residential Income
Year Built: 1957
Bedrooms: 4
Living Area: 1,360
Lot Size: 6,098
Acres: 0.14
Neighborhood: 09 - Palm Div to 80th E
MLS Area Major: 09 - Palm Div to 80th E

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Property Description

Excellent investment opportunity featuring a fully occupied duplex producing **$2,576/month ($30,912 annually)** in gross rental income. Listed at **$437,000**, this property offers a **GRM of 14.14** and an approximate **4.8% cap rate**. Both 2-bedroom, 1-bath units are tenant occupied, with tenants paying all utilities except water and trash. **The neighboring duplex at 406-408 E Ave Q-7 is also available for purchase**, providing a rare chance to own two adjacent income-producing properties. Conveniently located near shopping, schools, and major commuter routes. **Please do not disturb tenants. Drive-by only. Interior inspections available with an accepted offer.**

661-547-3664

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Additional Information

Zoning: PDR3
Air Conditioning: Evaporative Cooling