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!
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!
Property Details
Price:
$1,975,000
MLS #:
SR24251404
Status:
Active
Baths:
0
Address:
804 E Palmer Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
624glendalechevychaseeglenoaks
City:
Glendale
Listed Date:
Dec 18, 2024
State:
CA
ZIP:
91205
Lot Size:
5,316 sqft / 0.12 acres (approx)
Year Built:
1927
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Other
Appliances
Gas Oven
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Interior Features
2 Staircases
Window Features
Double Pane Windows
Exterior
Community Features
Urban
Electric
Standard
Exterior Features
Rain Gutters
Fencing
None
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
None
Parking Spots
0.00
Pool Features
None
Roof
Tile
Security Features
Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Map
Community
- Address804 E Palmer Avenue Glendale CA
- Area624 – Glendale-Chevy Chase/E. Glenoaks
- CityGlendale
- CountyLos Angeles
- Zip Code91205
Similar Listings Nearby
- 2916 Marathon Street
Los Angeles, CA$2,550,000
3.99 miles away
- 1820 Hyperion Avenue
Los Angeles, CA$2,550,000
3.06 miles away
- 1425 N Normandie Avenue
Los Angeles, CA$2,500,000
4.01 miles away
- 5345 La Mirada Avenue
Los Angeles, CA$2,500,000
4.38 miles away
- 220 N Hoover Street
Los Angeles, CA$2,499,000
4.53 miles away
- 710 Tujunga Avenue
Burbank, CA$2,495,000
4.82 miles away
- 1802 N Western Avenue
Los Angeles, CA$2,400,000
4.17 miles away
- 2561 Colorado Boulevard
Los Angeles, CA$2,395,000
1.46 miles away
- 315 N Normandie Avenue
Los Angeles, CA$2,349,000
4.99 miles away
- 5244 Hub Street
Los Angeles, CA$2,300,000
2.68 miles away
Courtesy of OKAS Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
804 E Palmer Avenue
Glendale, CA
LIGHTBOX-IMAGES