541 E PALMER AVE, Glendale, CA 91205
541 E PALMER AVE, Glendale, CA 91205
541 E PALMER AVE, Glendale, CA 91205
541 E PALMER AVE, Glendale, CA 91205
541 E PALMER AVE, Glendale, CA 91205
541 E PALMER AVE, Glendale, CA 91205
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Listed by Eduard Khachatryan, DRE #01769888 • Luxury Homes International
$ 1,795,000
Est. payment | /mo

6 Beds

5.5 Baths

2,561 SqFt


Save
$ 1,795,000
Est. payment | /mo
Save

6 Beds

5.5 Baths

2,561 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,561 sqft

Price per Sqft $700

MLS Listing ID CRGD26191321

Bedrooms 6

Full Baths 5

Half Baths 1

Year Built 2024

Lot Size 6,796 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4YY

Rooms

Family Room Other

Dining Room Dining Area in Living Room, Other

Kitchen Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Oven Range

Interior

Heating Forced Air, Central Forced Air

Cooling Central AC

Flooring Laminate

Fireplaces Type None

Laundry Gas Hookup, Other

Exterior

Pool 31, None

View City Lights

Roof Type Shingle

Building

Story One Story

Water Hot Water, District - Public

Others

Tax ID 5676012010

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Bobby Aguirre

+1(650) 464-7248

robertaguirre@simplihom.com

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541 E PALMER AVE