835 E Avenue Q
Palmdale, CA, 93550
$410,000
MLS: SR26056533
Beds
2
Baths
2
Sq Ft
1,412
Lot
0.12 ac
Year Built
1953
MLS #
SR26056533
Days on Market
28
Listed
Mar 25, 2026
Description
ACCEPTING BACKUPS - Great investment opportunity in a convenient Palmdale location! This duplex features two separate units, each offering 1 bedroom and 1 bathroom, making it an ideal setup for investors or owner-occupants alike. Both units enjoy their own private yard space, providing added privacy and outdoor living potential for tenants. Whether you’re looking to expand your rental portfolio or live in one unit while generating income from the other, this property offers excellent flexibility. The front tenant will be vacating prior to the close of escrow, allowing a new owner the option to move in or place a new tenant at current market rent. With strong rental demand in the area and immediate income potential, this property presents a fantastic opportunity for instant ROI. Conveniently located near shopping, dining, and commuter routes, this duplex combines practicality, income potential, and long-term value. UNBEATABLE CASH FLOW: Generating $3,500/mo in gross rents at a $410k entry point. Perfect for 1031-Exchange or a savvy House-Hacker looking to live for nearly free. Professionally managed/Well-maintained. Price reflects a rare 8% cap rate potential for the Antelope Valley. As another bonus, the current loan is FHA 2.6% and it is assumable!
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Listed by: Amy Brannon · Rose District, Inc.
Payment estimate
$3,148
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $41,000 · Loan: $369,000
- Principal & Interest
- $2,267
- Property tax (1.25%)
- $427
- Homeowners insurance
- $300
- Mortgage insurance
- $154
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Palmdale home with as little as 3.5% down using an FHA loan — roughly $14,350 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Assumable Loan — Lock In a Below-Market Rate＋
This Palmdale property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.
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