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$440,000
Est. payment /mo
4 Beds
2 Baths
6,003 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26153408
Bedrooms 4
Lot Size 6,003 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
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
Virtual Tour https://youtube.com/shorts/0wiydmkxt5w?is=-VmekuUHpSMcMK7k
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Listed by Martin Hernandez, DRE#02072549 Ethos International Real Estate
Nearby School & Business
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