417 E Palmer Avenue, Glendale, CA 91205
0 beds • 0 baths • 11,256 sq.ft.
Offerered at: $2,750,000.00
County: Los Angeles
Year Built: 1959
Association Fees: $0.00/mo.
417 E. Palmer Ave is a 12-unit multifamily property located in Glendale, CA. The property consists of three buildings: one 8-unit double story structure and two 2-unit structures in the back. All units are 1B+1B, are separately metered for gas and electric, and have wall A/C units.
Built in 1959, the property features eight onsite parking spots. 417 E. Palmer Ave is on a lively residential street and is centrally located between the 2, 5, and 134 Freeways. The property is close to local elementary, middle, and high schools, as well as amenities such as parks, grocery stores, and local eateries. Residents enjoy the convenience of being minutes from Griffith Park and the restaurant scene of Atwater Village.
Given the added income from the onsite laundry facility and the rental upside potential, this is an excellent investment for both first-time buyers and seasoned investors.