804 E Palmer Avenue

Glendale, CA 91205

$1,975,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1927

calendar_month Built

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!

Listing Information

List Price $1,975,000
Status Active
MLS SR24251404
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1927
Lot Size 5,316
Structure Size N/A
Courtesy Of OKAS Realty Group
Listing Agent Sarkis Hajibekian DRE#01439356

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Additional Information
Additional Features Multiple Staircases, Bedroom on Main Level
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Sarkis Hajibekian, OKAS Realty Group . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 24th, 2024 at 7:15 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.