319 East Palmer Avenue

Glendale CA 91205

5982 sq. ft.

Multi-Family

Last sold for $2,130,000

HAIG BARSAMIAN, last sold this property on 29 January 2021 after 737818 days on market.

Overview

A rare opportunity to acquire 319 E. Palmer Ave., a 6-unit investment opportunity located in the desirable city of Glendale, California. Nested on a lot size of 5, 982 Sq. Ft. this two story wood frame & stucco construction was built in 1986. There are six units totaling approximately 4, 884 Sq. Ft. of living space. Unit mix include (4) two bedrooms & two baths and (2) one bedroom & 1 bath. The one bedroom apartments range approximately 700 square feet and the two bedroom range approximately 850 square feet. These units are spacious in size, and the two bedroom units have balconies. All units have central air & heating, disposal, 5 units have dishwasher and all units are separately metered for gas & electric. There are individual water heaters for each unit. The parking accommodation include assigned spaces in a gated tuck-under parking. Parking allocations are 2 spaces for the two bedroom units and 1 space for the one bedroom units. There is onsite laundry. The building has secured entry with intercom access. Recent capital improvements include a new roof coating, rain gutters, and exterior light fixtures. This property is walking Distance to Grocery Stores, Parks, Bus Lines, Restaurants, and Schools. It is near Multiple Retail Centers, Major Highways, the Glendale Transportation Center, and Downtown Glendale1.2 Miles to The Americana at Brand and 1.3 Miles to the Glendale Galleria and the Alex Theatre. This is a drive by only, please don't disturb occupants.

Features

5982 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Glendale over the last 12 months, the estimated median property value of 319 East Palmer Avenue is $1.4m.

Median value

$1.4m

Estimated value range

$800k - $3.95m

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Glendale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 319 East Palmer Avenue

2021

Sold

$2,130,000

29 Jan 2021 by HAIG BARSAMIAN, of Barsam & Associates, Inc.

Happy sellers in Glendale

We have insufficient information to provide an overview of customer satisfaction for Glendale. Viewing the agent profiles, reviews and sales for Glendale can provide insights for this location.