541 E Palmer Avenue Glendale, CA $ 1,795,000
541 E Palmer Avenue
$ 1,795,000
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541 E Palmer Avenue

Glendale, CA, 91205
$ 1,795,000
Baths2.1 Sq 2,561

Monthly Estimate*

$ 11,334

Listed by Luxury Homes International
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Studio

Multi-Family Home for sale in Glendale, CA

for $1,795,000 with 2 full baths, 1 half bath. This 2,561 square foot home was built in 2024 on a lot size of 0.1561.

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.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1561

Year Built

2024

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

GD26192804

Days on Market

2

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Sewer Connected
Appliances Dishwasher Disposal Gas Range
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 2024
Electric Photovoltaics Seller Owned Standard
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Suburban
County Los Angeles
Net Operating Income 105000
Operating Expense 2400
Insurance Expense 1500
New Construction false
Property Type Residential Income
HOA false
Contingency Interior inspection is subject to accepted offer
Energy Efficient Appliances Doors HVAC Lighting Thermostat Windows
Garage Y/N false
Green Energy Generation Solar
Green Water Conservation Low-Flow Fixtures
Special Listing Conditions Standard
Status Active
Directions Betweeb Glendale Ave and Adams Street
City Glendale
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units Square Feet
Lot Size Square Feet 6798
Carport Spaces 2
Carport Y/N true
Number of Units Leased 3
Listing Terms Cash Conventional 1031 Exchange Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 50
Water Sewer Expense 150
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 25
Total Actual Rent 8950
Property Sub Type Additional Triplex
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Carport
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 6798
Number of Buildings 3
Spa false
Building Area Total 2561
Lot Size Acres 0.1561
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Luxury Homes International

Broker

glendalebroker@gmail.com

Email

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$11,334
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Monthly Principal & Interest
$11,334
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/2/2026$1,795,000 Listed Price

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541 E Palmer Avenue, Glendale, CA, 91205 is a Multi-Family Home for sale at $1,795,000 with 2,561 sqft and a lot size of 0.1561. 541 E Palmer Avenue is a studio with 2.1 baths and was built in 2024. The property's zip code is 91205 which is in Glendale, CA