Multifamily
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 Market107
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
(661) 874-3245
Source:
Jessicadixonrealty
Added: Jul 18
Changed: Oct 25
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
Ask AI about this property
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.
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
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
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
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
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
