Duplex with Two-Bedroom
For Sale
$437,000
410 & 412 E Avenue Q7, Palmdale, CA 93550
MULTI_FAMILY - Palmdale, CA
Property Size1,360 SF
Lot Size0.14 Acres
Price / SF$321.32
Days on Market48
Property Features for 410 & 412 E Avenue Q7
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
PDR3
Bedrooms
4
Rooms
Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Directions
From Palmdale Blvd., head south on 4th St. E, turn left on E Ave Q-7, and the property will be on the left.
Subdivision
09 - Palm Div to 80th E
Standard status
Active
APN
3008-025-020
Size
1,360 SF
Lot size
0.14 Acres
Utilities
Cooling system
Evaporative Cooling
Building Details
Year built
1957
Number of units
2
Building materials
Stucco, Shingle Siding
Listing Agency:
Luxury Collective
(424) 395-4841
Listed By:
Martin J Hernandez · License #02072549
(661) 874-3245
Added: Jul 13
Changed: Aug 7
Last Checked: Aug 29 at 12:06PM
MLS# 26005438
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex consists of two tenant-occupied two-bedroom, one-bath units. The property is described as producing gross rental income while tenants handle all utilities except water and trash. The duplex features stucco construction with shingle siding and includes evaporative cooling.
The lot size is 0.14 acres, and the building was constructed in 1957. The property is located at 410 & 412 E Avenue Q7 in Palmdale, CA 93550 within Los Angeles County and is zoned PDR3. Both units are tenant occupied, so showings are limited to drive-by only; interior inspections are available with an accepted offer.
For buyers reviewing multifamily investment opportunities in the Palmdale area, this duplex offers a straightforward two-unit configuration under PDR3 zoning.
The lot size is 0.14 acres, and the building was constructed in 1957. The property is located at 410 & 412 E Avenue Q7 in Palmdale, CA 93550 within Los Angeles County and is zoned PDR3. Both units are tenant occupied, so showings are limited to drive-by only; interior inspections are available with an accepted offer.
For buyers reviewing multifamily investment opportunities in the Palmdale area, this duplex offers a straightforward two-unit configuration under PDR3 zoning.
Key Highlights
- Tenant‑occupied duplex with two two‑bedroom, one‑bath units
- Tenants pay all utilities except water and trash
- Zoned PDR3
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,751
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$455,020
$455.0K
Cap Rate 7%
$325,014
$325.0K
Cap Rate 9%
$252,789
$252.8K
Market Conditions
NOI Build-Up for 1,360 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$34.8K $25.56/SF
− Vacancy
−$2.3K −$1.66/SF
EGI
$32.5K $23.90/SF
− OpEx
−$9.8K −$7.17/SF
NOI
$22.8K $16.73/SF
Area
Palmdale, CA
Vacancy
6.50%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$455,020
Cap Rate 7%
$325,014
Cap Rate 9%
$252,789
Alternative Uses
Best Use
Multifamily LT 5
$325.0K
$284.4K – $379.2K
NOI $22,751 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$302.0K
$264.2K – $352.3K
NOI $21,138 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$574.2K
$502.5K – $670.0K
NOI $40,197 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 93550, CA
82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in PDR3 zoning with tenant-occupied two-bedroom, one-bath units and evaporative cooling, offered for drive-by viewing only.
Where is this duplex located?
The property is located at 410 & 412 E Avenue Q7 Palmdale, CA.
What is the asking price?
The asking price for this property is $437,000.
What are key features of this property?
This property features: Tenant‑occupied duplex with two two‑bedroom, one‑bath units; Tenants pay all utilities except water and trash; Zoned PDR3
