tomo logo

$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

CRMLS #SR24251404

Price change
$1,925,000
-2.53%
12/24/2024
CRMLS

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

CRMLS logo

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