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.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/26/2024 at 9:11 PM UTC

 

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