NOT LISTED FOR SALE

613 E Palmer Ave Glendale, CA 91205

Adams Hill Neighborhood
15 Beds
13 Baths
6,232 Sq Ft
7,688 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $2,280,000 $366 Per Sq Ft

4 Days on Market

About This Home

As of October 2019

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.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 09/23/2019

Last Buyer's Agent

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 09/23/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,688 Sq Ft Lot

Interior Spaces

  • 6,232 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 13 Bathrooms

Parking

  • 14 Parking Spaces
  • Carport

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5676-013-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6232
  • Stories: 3
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 374.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 14

Lot Info

  • Assessed Improvement Value: 598256
  • Assessed Land Value: 445508
  • Assessor Parcel Number: 5676-013-019
  • Geocode Override: No
  • Lot Size Area: 7688

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.94
  • Number Of Units: 7
  • Type Of Units: Apartments

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $2,280,000 -2.3% $366 / Sq Ft
09/23/2019 09/23/19 For Sale $2,333,000 -- $374 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Withers

    Seller's Agent in 2019

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    47 Total Sales

    Daniel Withers
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Map

Source: The MLS

MLS Number: 19-513502

The MLS
California Los Angeles County Glendale 91205 Adams Hill

613 E Palmer Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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