541 E PALMER Avenue, Glendale, CA 91205
541 E PALMER Avenue, Glendale, CA 91205
541 E PALMER Avenue, Glendale, CA 91205
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$1,795,000
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6 Beds
6 Baths
2,561 SqFt
New

541 E PALMER Avenue Glendale, CA 91205

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Norman Bramstedt

Norman Bramstedt

+1(619) 955-0488

UPDATED:

Key Details

Property Type Single Family Home

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,561 sqft

Price per Sqft $700

MLS Listing ID GD26191321

Bedrooms 6

Full Baths 5

Half Baths 1

Year Built 2024

Lot Size 6,796 Sqft

Property Sub-Type All Other Attached

Property Description

FOR SALE 541 E PALMER AVE, GLENDALE, CA ### BEAUTIFULLY UPGRADED OWNER-USER & INCOME OPPORTUNITY **Living Area:** Approx. 2,561 SF **Lot Size:** Approx. 6,796 SF / 0.16 Acre **Property Type:** Single-Family Residential + 2 ADUs **Current Occupancy:** Month-to-Month Tenants A unique opportunity to own a **beautifully upgraded Glendale property featuring a main residence plus two ADUs**, providing multiple living spaces and strong rental income. ### CURRENT RENTAL INCOME **Main House Unit 1** 2 Bedrooms | 2.5 Bathrooms Current Rent: **$3,300/Month** **ADU Unit 2** 3 Bedrooms | 2 Bathrooms Current Rent: **$3,800/Month** **Studio ADU Unit 3** Current Rent: **$1,850/Month** ### TOTAL CURRENT INCOME: $8,950/MONTH ### $107,400 ANNUAL GROSS RENTAL INCOME This property could be an excellent **owner-user investment opportunity**. Live in one of the units while collecting rental income from the others to help offset your monthly mortgage and ownership expenses. The property is currently tenant occupied with **month-to-month tenancies**, offering flexibility for an investor or potential owner-user, subject to applicable tenant and occupancy laws. **541 E Palmer Ave, Glendale, CA** A versatile income-producing property in a highly desirable Glendale location. Property also has paid off solar panels installed included in the sale.

Location

State CA

County Los Angeles

Zoning GLR4YY

Direction Located between Glendale Ave and Adams Street

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Gas Range

Laundry Gas

Exterior

Utilities Available Natural Gas Connected, Sewer Connected

View Y/N Yes

Water Access Desc Public

View City Lights

Roof Type Shingle

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5676012010

Acceptable Financing Cash, Conventional, Exchange, FHA, Submit

Listing Terms Cash, Conventional, Exchange, FHA, Submit

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Eduard Khachatryan, DRE#01769888 Luxury Homes International 

NEARBY SCHOOL & BUSINESS

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Norman Bramstedt

Norman Bramstedt

Broker Associate License ID: 01435004

+1(619) 955-0488

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541 E PALMER Avenue