$1,975,000
For Sale

804 E Palmer Avenue

Glendale, CA 91205
0.12 acres | #SR24251404
Listing OfficeOKAS Realty Group
Browse 20 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected
      • InteriorMultipleStaircases, BedroomOnMainLevel
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Exterior MaterialsRainGutters
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,975,000
      • MLS #SR24251404
      • MLS #SR24251404
      • Property SubtypeMixedUse
      • Cost1975000
      • Utility SourcePublic
      • Acres0.122
      • Year Built1927
      • Stories2

Location

Mirvat KhouryReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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