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$440,000
SR26153408 MLS Active Status
Rare opportunity to own a fully occupied income-producing duplex generating **$2,850/month ($34,200 annually)** in gross rental income. Offered at **$440,000**, this property features an attractive **GRM of 12.87** and an approximate **5.9% cap rate**. Each spacious 2-bedroom, 1-bath unit is tenant occupied, with tenants paying all utilities except water and trash. **The neighboring duplex at 410-412 E Ave Q-7 is also available for purchase**, creating an excellent opportunity to acquire two side-by-side investment properties. Conveniently located near shopping, schools, and commuter routes with strong rental demand. **Please do not disturb tenants. Drive-by only. Interior inspections available with an accepted offer.

406 408 E Avenue Q7, Palmdale

$5,100,000
P1-27871 MLS Active Status
524 E Avenue Q12 presents a compelling opportunity to acquire a well-maintained 30-unit apartment community in Palmdale, CA, situated on a substantial 1.46-acre parcel. The property features a highly desirable, consistent unit mix of all 2-bedroom / 1-bathroom units that commands strong tenant demand. Residents benefit from 30 on-site parking spaces, secure gated parking, ADA-compliant units, an on-site laundry room, a dedicated leasing office, and generous outdoor space.Current ownership has invested over $1,850,000 in capital improvements since 2018, positioning the asset as a turnkey, income-producing investment. Beyond its income upon the stabilization of the asset, the property offers meaningful upside: there is an opportunity to add up to 8 ADUs utilizing SB 1211, while the open stabilization and lease-up of the vacant units allows a buyer to achieve a projected cap rate of 7.09%.The sale includes a .46 acre site that is zoned for an additional 21 units. Together, these attributes make 524 E Avenue Q12 a great opportunity to stabilize a well-located asset with a clear path to enhanced returns through both rental growth and future development potential through ADU construction and redevelopment of the vacant lot.

524 E Avenue Q-12, Palmdale

$279,000
2 Beds 2 Baths SR26136451 MLS Active Status
Excellent starter home or investment opportunity available in the heart of East Palmdale. Whether you're an active investor or someone looking for a great place to call home, this is the perfect spot for your needs. This unit is a 2 bedroom, 2 bathroom condominium suite in the gated Monte Vista community. Fully equipt with its own washer/dryer, refrigerator, oven/stove & microwave. This well maintained HOA includes motorized entry/exit gates, 2 pools, 2 spas, 2 laundry rooms, on-site security guards, dog walking areas & beautiful landscaping with lots of mature trees. Located next to shopping, dining, DryTown Water Park, hiking trails, and easy access to the 14 Freeway. Don't wait and let this opportunity pass you by. Get your offer in today!

2554 Olive Drive Unit 19, Palmdale

$279,000
2 Beds 2 Baths SR26136325 MLS Active Status
Excellent starter home or investment opportunity available in the heart of East Palmdale. Whether you're an active investor or someone looking for a great place to call home, this is the perfect spot for your needs. This unit is a 2 bedroom, 2 bathroom condominium suite in the gated Monte Vista community. Fully equipt with its own washer/dryer, brand new refrigerator, brand new oven/stove & microwave. This well maintained HOA includes motorized entry/exit gates, 2 pools, 2 spas, 2 laundry rooms, on-site security guards, dog walking areas & beautiful landscaping with lots of mature trees. Located next to shopping, dining, DryTown Water Park, hiking trails, and easy access to the 14 Freeway. Don't wait and let this opportunity pass you by. Get your offer in today!

2554 Olive Drive Unit 10, Palmdale

$279,000
2 Beds 2 Baths SR26136269 MLS Active Status
Excellent starter home or investment opportunity available in the heart of East Palmdale. Whether you're an active investor or someone looking for a great place to call home, this is the perfect spot for your needs. This unit is a 2 bedroom, 2 bathroom condominium suite in the gated Monte Vista community. Fully equipt with its own washer/dryer, refrigerator, oven/stove & microwave. This well maintained HOA includes motorized entry/exit gates, 2 pools, 2 spas, 2 laundry rooms, on-site security guards, dog walking areas & beautiful landscaping with lots of mature trees. Located next to shopping, dining, DryTown Water Park, hiking trails, and easy access to the 14 Freeway. Don't wait and let this opportunity pass you by. Get your offer in today!

2554 Olive Drive Unit 9, Palmdale

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.