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804 E Palmer Ave, Glendale, CA 91205

$1,695,000
  • bed

  • bath

Multi-family for sale 33 days

About 804 E Palmer Ave

Property type Multi-family
Neighborhood
Year built 1927
HOA fee $0/month
Lot size 5,316 Sqft
Movoto estimate
Rental estimate
Property description
Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property. Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathroom units, offering the potential for substantially higher rental income and increased overall property value. The property also includes a separate 1-bedroom, 1-bathroom ADU in the rear, which is currently occupied by a Section 8 tenant, providing immediate rental income. Additional improvements include an upgraded separate electrical meters for each unit, helping support the property's future renovation plans. This is an ideal opportunity for an investor, owner-user, or developer looking for a minor fixer with high-rent potential.
Listed by
Listing Agent - Meroojohn Ordubegian
Listing Agent Contact: 818-421-9600
Listing Office - Westgate Capital
Source: CRMLS mls logo
MLS#SR26178662 • last updated 1 month ago
Movoto checked CRMLS for data 8 minutes ago
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Overview
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.122
Lot Size (SqFt) 5316
Year Built 1927
Interior
Exterior
Building Area Square Feet, 4499
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Directions Use Navigation
APN 5676022002
Multifamily Details
Operating Expense 100
Expense: Insurance 4500
Total Expenses 5700
Expense: Water/ Sewer 1200
Gross Income 2041
Gross Scheduled Income 2041
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Glendale
  • 91205
  • Adams Hill
  • 804 E Palmer Ave

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