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Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR26153470
Sold Date 10/09/26
Bedrooms 4
Lot Size 6,003 Sqft
Property Sub-Type Res Income 2-4 Units
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 406408 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.**
Location
State CA
County Los Angeles
Zoning Assessor
Direction From Palmdale Blvd., head south on 4th St. E, turn left on E Ave Q-7, and the property will be on the left.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 3008025019
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with Ricardo Ortiz Sync Brokerage, Inc.
Nearby Schools & Businesses
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