Listing date: 2024-12-24, Last update: 2025-01-03

$1,975,000 For Sale

804 E Palmer Avenue, Glendale, CA 91205

  • -Beds
  • -Baths
  • -
    sqft
  • 5,314
    sqft Lot
  • Beds
  • Baths
  • sqft
  • 5,314 sqft lot
Property Highlight
Year built
1927
Listed for
11 days
Price / Home Size
$ - / sqft
Parking
0
HOA
$0 / mo
A/C
Wall Window Units
Home Type
Mixed Use(Attached)
View
None
    Description

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!

Listing Provided Agent
  • • Name: Sarkis Hajibekian
  • • DRE: 01439356
  • • Email: sako@okasrealty.com
  • • Phone: -
Listing Provided Office
  • • Name: OKAS Realty Group
  • • Email: okasrealtygroup@gmail.com
  • • Phone: 818-380-8080
Source
  • • CRMLS #SR24251404crmls logo
Local Information
Home Details for 804 E Palmer Avenue
Interior
Features
  • Multiple Staircases, Bedroom On Main Level
  • Window: Double Pane Windows
  • Common walls: Two Common Walls Or More
Appliances
  • Gas Oven
  • Laundry: Inside
Bathrooms
Bedrooms
Rooms
  • Bedroom
Heating & Cooling
  • Heating: Wall Furnace
  • Cooling: Wall Window Units
Exterior
Features
  • Rain Gutters
  • Home Type: Multifamily
  • New Construction: Yes
  • Levels: Two
  • Stories: 2
  • Entry Level: 1
  • Entry Location: Front
  • View: None
Parking & Garage
  • Parking features: None
Lot
  • Size: 5,314 sqft
  • Size source: Assessor
  • Elevation Unit: Feet
Materials
  • Stucco
  • Roof: Tile
Details
  • Parcel Number: 5676022002
  • Architectural Style: Traditional
  • Special Condition: Standard
  • Property Condition: Turnkey
  • # of Total unit: 5
  • Common Interest: None
  • Accessibility: Other
Utilities
Utilities
  • Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
Community & HOA
Community
  • Urban
  • Security: Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors
HOA
Property Financial History
DateEventPrice
12/24/2024Source: CRMLS #SR24251404
Listed for Sale
$ 1,975,000
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