$1,925,000
- Beds
- Unknown
- sq ft
- Unknown
804 E Palmer Ave, Glendale, CA 91205
804 E Palmer Ave
Glendale, CA 91205
- 29 days on market
- Price drop $50,000↓
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!
Details
Property type
Mixed Use
Property condition
New Construction
Lot size
5,316 sq ft
Price per sq ft
Unknown
Year built
1927
HOA
No
Price History
01/21/2025
CRMLS #SR24251404
Price change
$1,925,000
-2.53%
12/24/2024
CRMLS #SR24251404
Listed
$1,975,000
Schools & Community
Neighborhood:
Adams Hill
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 01/22/2025 at 10:15 AM
Listing updated: 01/21/2025 at 3:10 PM
Listed by: Sarkis Hajibekian, OKAS Realty Group Phone #: (818) 380-8080
MLS: CRMLS #SR24251404
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