Overview
- Quadruplex
- 0
- 1927
Description
Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property.
Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathroom units, offering the potential for substantially higher rental income and increased overall property value. The property also includes a separate 1-bedroom, 1-bathroom ADU in the rear, which is currently occupied by a Section 8 tenant, providing immediate rental income. Additional improvements include an upgraded separate electrical meters for each unit, helping support the property’s future renovation plans. This is an ideal opportunity for an investor, owner-user, or developer looking for a minor fixer with high-rent potential.
Address
Open on Google Maps- Address Palmer Ave
- City Glendale
- State/county Los Angeles
- Zip/Postal Code 91205
Details
Updated on September 13, 2026 at 5:59 pm- Property ID: HZSR26178662
- Price: $1,695,000
- Garage: 0
- Year Built: 1927
- Property Type: Quadruplex
- Property Status: Residential Income
- Listed by: Meroojohn Ordubegian
- DRE #: 01064157
- Contact Mail: mo@westgatecap.com
- Brokered by: Westgate Capital
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