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About the Listing F6407088 - F165104239
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units,Has ADU
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5676022002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
804 E Palmer Ave Glendale, CA 91205
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