Glendale, CA 91205,613 E PALMER AVE
Glendale, CA 91205,613 E PALMER AVE
Glendale, CA 91205,613 E PALMER AVE
5
$2,280,000
$2,333,000
2.3%
Est.Price: ?

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6,232 SqFt

613 E PALMER AVE Glendale, CA 91205

Est. payment /mo
SOLD DATE : 10/30/2019

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Key Details

Sold Price $2,280,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,232 sqft

Price per Sqft $365

MLS Listing ID 19513502

Sold Date 10/30/19

HOA Y/N No

Year Built 1985

Lot Size 7,688 Sqft

Acres 0.1765

Property Description

613 E Palmer Avenue is a 7-unit low-rise apartment complex in the heart of Glendale, CA. Tenants appreciate and enjoy a residential environment with the option to walk shopping and dining that line Glendale Avenue. The property is also conveniently located adjacent to Palmer Park and a short drive from Griffith Park and the Los Angeles Zoo. Transportation options are plentiful given the proximity to the 5, 132 and 2 Freeways and the Glendale Metro Station located within less than a mile. The property consists of an excellent mix of two two-bedroom, one-bathroom, four two-bedroom, two-bathroom and one three-bedroom, three-bathroom units. Investors can capitalize on the on-site laundry facility for additional revenue. 613 E Palmer presents an opportunity for potential upside in rental income on an asset in a strong rental market.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4*

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Exterior

Garage Carport

Parking Type Carport

Building

Story 3

Others

Tax ID 5676013019

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Daniel Withers • Matthews Real Estate Investmen
Bought with Daniel Withers • Matthews Real Estate Investmen

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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