412 East Palmer Avenue

Glendale, CA 91205

$1,325,000
Last Sold Price
4
Beds
4
Baths
2,978 Sq. Ft.
$445 / Sq. Ft.
2,978
Sq. Ft.
$445
per Sq. Ft.

Description

Twin 4-plex buildings side-by-side on next to corner lot with large rear parking and patios, sold together. All of these large 1 bed/1 bath units have washer-dryer hookups (many sold with energy efficient appliances), separate hot water heaters and individually metered (gas & electric) )Renovated units have new electrical breaker panels Pride of ownership, Milgard double pane windows throughout. copper plumbing, and drought resistant landscaping. Easy Financing desirable rentals with convenient access...Twin 4-plex buildings side-by-side on next to corner lot with large rear parking and patios, sold together. All of these large 1 bed/1 bath units have washer-dryer hookups (many sold with energy efficient appliances), separate hot water heaters and individually metered (gas & electric) )Renovated units have new electrical breaker panels Pride of ownership, Milgard double pane windows throughout. copper plumbing, and drought resistant landscaping. Easy Financing desirable rentals with convenient access to LA, walkable services in the neighborhood, and easy access to Glendale medical centers
  1. Listed by Charles Dunn • DRE #00965553 • Brokerage DRE #00549936 • NAI Capital, Inc.

Property Details for 412 East Palmer Avenue

Zoning
GLR4YY
Parcel Number
5676029013
Total Units
4.0
Living Area
2978
Source Living Area
Vendor Enhanced
Area
Glendale-South of 134 Fwy (628)
Vacancy Rate
0
Lot Size Area
6800

Location

Listing Courtesy of NAI Capital, Inc., Charles Dunn, DRE #00965553

Sold By Keller Williams R. E. Services, Michael Ashjian, DRE #01862493

Add your commute
LISTING UPDATED: 06/29/2021 03:52 PM

Property Details for 412 East Palmer Avenue

StatusSold
MLS #21-702442
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.16 AC / 6,800 SF
CountyLos Angeles County

Location

Listing Courtesy of NAI Capital, Inc., Charles Dunn, DRE #00965553

Sold By Keller Williams R. E. Services, Michael Ashjian, DRE #01862493

Add your commute

Building Information for 412 East Palmer Avenue

Stories2Residences-Year Built1947Building Size-Lot Size0.16 AC / 6,800 SF

Payment Calculator

$8,507 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,231

Property Taxes

$1,276

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 412 East Palmer Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Garden
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Water: In Street
  • Sewer: In Street
  • Water Heater Features: Gas, Water Heater Unit
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $75,876
  • Net Operating Income: $59,487.50
  • Gross Income: $75,876
  • Cap Rate: 4.30%
  • Gross Rent Multiplier: $18.39
  • Actual Annual Gross Rent: $75,876.00
  • Actual Gross Annual Income: $75,876
  • Actual Rent Total: $75,876.00
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: .00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 16388.50
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1561
  • Lot Size Square Feet: 6800
Parking Details
Parking Details
  • Parking Garage: Parking Space
  • Total Parking: 4
  • Parking Features: Parking Space
Interior Features
Interior Features
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate
  • Equipment: Gas Dryer Hookup
  • Room Kitchen Features: Tile Counters, Granite Counters
  • Kitchen Features: Tile Counters, Granite Counters
  • Bathroom Features: Shower Over Tub
  • Cooking Appliances: Oven-Gas
  • Laundry: In Kitchen
Exterior Features
Exterior Features
  • Roof: Asphalt
  • Windows: Double Pane Windows, Window Blinds
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 03-08-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,490.00
  • Unit Actual Rent: $1,490.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,626.00
  • Unit Actual Rent: $1,626.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,508.00
  • Unit Actual Rent: $1,508.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $186,399.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $745,599.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $931,998.00

Property History for 412 East Palmer Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 412 East Palmer Avenue

Taxable ValueLand$1,040,400Additions$338,130Total$1,378,530
Tax Record2023$15,317 ($1,276 / month)
Home Facts
Total Finished SqFt2,978 SqFtAbove Grade Finished SqFt2,978 SqFtLot Size6,800 SqFtStyleQuadraplexYear Built1947ZoningGLR4YYCountyLOS ANGELESAPN5676-029-013

Schools near 412 East Palmer Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Capital, Inc., Charles Dunn, DRE #00965553

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.