541 E Palmer Avenue
Property Overview
FOR SALE – 541 E PALMER AVE, GLENDALE, CA ### BEAUTIFULLY UPGRADED OWNER-USER & INCOME OPPORTUNITY **Living Area:** Approx. 2,561 SF **LotSize:** Approx. 6,796 SF / 0.16 Acre **Property Type:** Single-Family Residential + 2 ADUs **Current Occupancy:** Month-to-Month Tenants A uniqueopportunity to own a **beautifully upgraded Glendale property featuring a main residence plus two ADUs**, providing multiple living spaces and strong rentalincome. ### 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 collectingrental income from the others to help offset your monthly mortgage and ownership expenses. The property is currently tenant occupied with **month-to-monthtenancies**, offering flexibility for an investor or potential owner-user, subject to applicable tenant and occupancy laws. **541 E Palmer Ave, Glendale, CA** Aversatile income-producing property in a highly desirable Glendale location. Property also has paid off solar panels installed included in the sale.
Home Details
- Property type
- Residential Income - Triplex
- Year built
- 2024
- Lot size
- 6,798 sq ft
- Parking
- 4 spaces
- Carport
- 2 spaces
- Stories
- 1
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Appliances
- Dishwasher
- Disposal
- Gas Range
Parking
- Carport
Pool
- None
Lot
- Two To Five Units Acre
Community, Schools & Utilities
Community
- View
- Neighborhood
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Electric
- PhotovoltaicsSellerOwned,Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 541 E Palmer Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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