Active
804 E Palmer Avenue
Glendale CA, 91205
$1,975,000
$438.50 per sqft
Active
4,504 sqft
Multi-family
Built in 1927
Listed by Sarkis Hajibekian with OKAS Realty Group 818-968-2562
Exceptional 5-Unit Investment Opportunity in Glendale! This well-maintained 4-unit building has been enhanced with a brand-new ADU, bringing the total to 5 units. Each unit with its in own washer and dryer hook ups. The newly constructed ADU is vacant and ready for immediate occupancy, offering modern amenities, a private entrance, and additional rental potential. This property presents an excellent opportunity for an owner-occupied income property, where you can live in the vacant ADU while generating rental income from the 4 existing units.
Recent upgrades include a new roof, new stucco, and new copper plumbing, ensuring long-term durability and minimizing future maintenance concerns. The main building consists of 4 units, all on a month-to-month rental basis, offering flexibility for new ownership. The expansive backyard will be completed with beautiful landscaping, creating a pleasant outdoor space for tenants. The Certificate of Occupancy for the ADU will be provided prior to the close of escrow, ensuring a smooth and efficient transaction.
Please do not disturb the occupants or tenants. This is a rare opportunity to acquire a well-upgraded 5-unit property with a vacant ADU ready for immediate occupancy. Ideal for an owner who wants to live in one unit while enjoying income from the others. Don't miss out on this prime investment in a desirable location!
SR24251404
MLSⓇ ID
December 24, 2024
Listed
December 26, 2024
Updated
Map
804 E Palmer Avenue
Glendale CA, 91205
Interior Features
Total Stories
2
Interior Features
Multiple Staircases, Bedroom on Main Level
Appliances
Gas Oven
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Rain Gutters
Lot Features
0-1 Unit/Acre
Architectual Style
Traditional
Roof
Tile
Sewer
Public Sewer
Other Property Details
Area Name
624 - Glendale-Chevy Chase/E. Glenoaks
Days on Market
2
Garage
No
Parking
None
Parking Total
0
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
GLC3YY
Listing Contact: 818-380-8080
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/26/2024 at 9:11 PM UTC