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Multifamily Property
For Sale
$437,000

410 E Avenue Q7, Palmdale, CA 93550

Multifamily property constructed in 1957 with an assigned exterior feature.

Property Size1,360 SF
Price / SF$321.32
Days on Market92

Property Features for 410 E Avenue Q7

General Information

Standard status Active
Size 1,360 SF
Property subtype Multi-Family

Building Details

Year Built 1957
Listing Agency: Ethos International Real Estate
Listed By: Martin Hernandez · License #02072549
Source: Jessicadixonrealty
Added: Jul 18 Changed: Oct 2 Last Checked: Oct 7 at 4:01PM

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 Ethos International Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multifamily property is located at 410–412 E Avenue Q7 in Palmdale, California. The building was constructed in 1957, and the property information identifies an assigned exterior feature.

The property is situated in Los Angeles County, with access from Palmdale Boulevard via 4th Street East and E Avenue Q-7.

Key Highlights

  • Multifamily property at 410–412 E Avenue Q7, Palmdale, CA 93550
  • Constructed in 1957
  • Assigned exterior feature

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,138
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,760 $422.8K
Cap Rate 7%
$301,971 $302.0K
Cap Rate 9%
$234,867 $234.9K
Market Conditions
NOI Build-Up for 1,360 SF
Gross rent
$40.8K $30.00/SF
− Vacancy
−$2.4K −$1.74/SF
EGI
$38.4K $28.26/SF
− OpEx
−$17.3K −$12.72/SF
NOI
$21.1K $15.54/SF
Area
Palmdale, CA
Vacancy
5.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$422,760
Cap Rate 7%
$301,971
Cap Rate 9%
$234,867

Alternative Uses

Best Use
Apartment 5plus
$302.0K
$264.2K – $352.3K (±1% cap)
NOI $21,138 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$574.2K
$502.5K – $670.0K (±1% cap)
NOI $40,197 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Multifamily properties

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.

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

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property constructed in 1957 with an assigned exterior feature.
Where is this multifamily property located?
The property is located at 410 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: Multifamily property at 410–412 E Avenue Q7, Palmdale, CA 93550; Constructed in 1957; Assigned exterior feature
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