804 E Palmer Avenue
Glendale, CA, 91205
$1,975,000
Beds
0 Baths
SqFt
0.12 Acres
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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!

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
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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

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804 E Palmer Avenue
Glendale, CA