Glendale, CA 91205,804 E Palmer AVE
Glendale, CA 91205,804 E Palmer AVE
Glendale, CA 91205,804 E Palmer AVE
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$1,975,000
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5,314 Sqft Lot
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804 E Palmer AVE Glendale, CA 91205

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UPDATED:

12/24/2024 07:15 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24251404

Construction Status Turnkey

HOA Y/N No

Year Built 1927

Lot Size 5,314 Sqft

Property 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!

Location

State CA

County Los Angeles

Area 624 - Glendale-Chevy Chase/E. Glenoaks

Zoning GLC3YY

Interior

Interior Features Multiple Staircases, Bedroom on Main Level

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry Inside

Exterior

Exterior Feature Rain Gutters

Parking Features None

Fence None

Pool None

Community Features Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N No

View None

Roof Type Tile

Accessibility Other

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 5676022002

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Sarkis Hajibekian • OKAS Realty Group • 818-968-2562

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Heejung Petri

Agent | License ID: 02209755

+1(619) 517-8820

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804 E Palmer AVE