Dana Frank
Responds Quickly
Rodeo Realty
(424) 842-2137
145 Total Sales
1 in Adams Hill
$88,000 Price
417 E Palmer Ave Glendale, CA 91205
Adams Hill Neighborhood
1
Bed
1
Bath
6,748
Sq Ft
0.26
Acre Lot
Highlights
- No HOA
- Laundry Facilities
- 3-minute walk to Palmer Park
- Horace Mann Elementary School Rated A-
- Level Lot
About This Home
As of February 2021417 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.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 11,256 Sq Ft Lot
- 1 Common Wall
- Level Lot
Home Design
- 6,748 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 50228
- Assessor Parcel Number 5676010004
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 12 Units
Amenities
- Laundry Facilities
Building Details
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,296
- Gardener Expense $1,080
- Insurance Expense $4,416
- Professional Management Expense $5,040
- Trash Expense $3,744
- Water Sewer Expense $4,320
- New Taxes Expense $29,930
- Operating Expense $60,550
- Gross Income $144,187
- Net Operating Income $79,312
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adams Hill, CA
-
Dana Frank
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
4 in Adams Hill
$685K - $1.4M Price Range
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
1 in Adams Hill
$1,075,000 Price
-
Gina Isaac
Gina Isaac
Nourmand & Associates-HW
(424) 288-7115
57 Total Sales
1 in Adams Hill
$1,100,000 Price
-
Christine Cheng
Christine Cheng
Keller Williams Realty/Temecula
(628) 244-8657
52 Total Sales
1 in Adams Hill
$940,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
167 Total Sales
1 in Adams Hill
$960,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $2,300,000 | -16.4% | $341 / Sq Ft |
| 12/15/2020 12/15/20 | Pending | -- | -- | -- |
| 10/26/2020 10/26/20 | For Sale | $2,750,000 | -- | $408 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,026 | $2,402,998 | $963,364 | $1,439,634 |
| 2024 | $26,685 | $2,355,881 | $944,475 | $1,411,406 |
| 2023 | $26,089 | $2,309,688 | $925,956 | $1,383,732 |
| 2022 | $25,646 | $2,264,400 | $907,800 | $1,356,600 |
| 2021 | $25,448 | $2,242,999 | $929,531 | $1,313,468 |
| 2020 | $7,743 | $619,089 | $182,077 | $437,012 |
| 2019 | $7,576 | $606,951 | $178,507 | $428,444 |
| 2018 | $7,381 | $595,051 | $175,007 | $420,044 |
| 2016 | $6,952 | $571,946 | $168,212 | $403,734 |
| 2015 | $6,824 | $563,356 | $165,686 | $397,670 |
| 2014 | $6,850 | $552,322 | $162,441 | $389,881 |
Source: Public Records
Agents Affiliated with this Home
-
Jag Singh
Seller's Agent in 2021
Jag Singh
Keller Williams - Eagle Rock
(626) 331-1234
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR20226387
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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