Flip report generated Mar 11, 2025
The Flip Potential of
500 E Palmer Ave Glendale, CA
is medium.
Current Specs
3 Bed / 1 Bath
1,076 sqft
$999 per sqft
Estimated Value$1,075,000
Flip Advice
This 1920s bungalow in the desirable Adams Hill neighborhood of Glendale has good flip potential. The property's charm, recent updates, and prime location near Downtown Glendale are attractive features. With 3 bedrooms, 1 bath, and 1,076 sqft on a 4,694 sqft lot, it's priced at $999/sqft, which is higher than area comps but may be justified by recent renovations.
Consider a modest renovation focusing on high-impact, cost-effective upgrades to maximize ROI. Prioritize kitchen and bathroom improvements, as these areas often yield the highest returns. Given the recent price reduction and the property's existing updates, there may be room for negotiation on the purchase price. Aim for a quick turnaround to minimize holding costs and capitalize on the current market demand.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.