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Two-Unit Duplex
For Sale
$440,000
Pending

406-408 E Ave Q7, Palmdale, CA 93550

Both two-bedroom homes are occupied, with residents covering utilities other than water and trash.

Property SizeContact for details
Days on Market111

Property Features for 406-408 E Ave Q7

General Information

Standard status Pending
Property subtype Multi-Family
Occupancy 100%

Financials

Asking Price $440,000
Cap Rate 5.9%
Gross Income $34,200
Gross Rent Multiplier 12.87

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2
Listing Agency: Luxury Collective
Listed By: Martin Hernandez Hernandezrealestate@yahoo.com
Source: Findhomesinsandiegoarea
Added: Jun 25 Changed: Oct 11 Last Checked: Oct 12 at 8:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxury Collective

Investment Insights

Based on property information with market context.

This duplex contains two tenant-occupied units, each configured with two bedrooms and one bathroom. Residents pay utilities except for water and trash, and the property is fully occupied.

A second duplex at 410-412 E Ave Q-7 is also available for purchase. The property is in Palmdale, California, near shopping, schools, and commuter routes. Showings are drive-by only; interior access is available after an accepted offer. Please do not disturb residents.

Key Highlights

  • Two tenant‑occupied units, each with 2 bedrooms and 1 bathroom
  • Fully occupied; tenants pay utilities except water and trash
  • GRM of 12.87

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,125
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both two-bedroom homes are occupied, with residents covering utilities other than water and trash.
Where is this duplex located?
The property is located at 406-408 E Ave Q7 Palmdale, CA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two tenant‑occupied units, each with 2 bedrooms and 1 bathroom; Fully occupied; tenants pay utilities except water and trash; GRM of 12.87
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