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319 E Palmer Ave
Glendale, CA 91205
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Turn-Key Asset Located on a 5,982 Sq. Ft. Lot
- Excellent Location in Glendale, California, one of the Safest Cities in the Nation
- Highly Desirable and Rare Unit Mix of One Bedroom with One Bathroom (2 Units) and Two Bedrooms with Two Bathrooms (4 Units)
- Two-Story Wood Frame and Stucco Construction Built in 1986 with Tucked Under and Gated Parking
- City of Glendale Rent Freeze Expired on October 31, 2020 and Buyer May Increase Rents Upon Purchase
- Long-Term, Friendly Tenants, with No Delinquencies During COVID-19 Pandemic
Property Facts
| No. Units | 6 | Building Size | 4,884 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | GLR4YY - GLR4YY | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,884 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | GLR4YY - GLR4YY |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Carpet
- Intercom
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 4 | - | - |
Property Taxes
| Parcel Number | 5676-010-010 | Improvements Assessment | $1,101,600 |
| Land Assessment | $1,530,000 | Total Assessment | $2,631,600 |
Property Taxes
Parcel Number
5676-010-010
Land Assessment
$1,530,000
Improvements Assessment
$1,101,600
Total Assessment
$2,631,600
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