OFF_MARKETNeutral Deal2 days on market

3516 Las Palmas Ave

3516 Las Palmas Ave, Glendale, CA 91208, Glendale, CA 91208
$999,999
Zestimate®:$1,056,100$56,101 Under Market

Listing Price

Property image 1
3516 Las Palmas Ave, Glendale, CA 91208
Loc: Glendale, CA
Days Listed
2
Tax Assessed
$87k
Zestimate®
$1056k
5% Under Valued
Lot Size
6,458 sqft
Rent Estimate
$3,195/mo
Est. Cash Flow base
Type
multi family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

John C. Fremont Elementary School

K-6
0.3 mi away
8

Rosemont Middle School

7-8
1.6 mi away
10

Crescenta Valley High School

9-12
1.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.14%
Total ROI
15.3%
Cash Flow
$-775/mo
DSCR
0.85
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listing removed$1,800$2
2026-08-31Listed for rent$1,800$2
2026-06-12Listing removed$3,000$3
2026-06-06Price change$3,000$3
2026-05-29Price change$4,450$4
2026-05-26Listed for rent$3,800$3
2025-04-28Listing removed$1,700$1
2025-03-26Price change$1,700$1
2025-03-11Listed for rent$1,900$2
2023-01-13Listing removed$0
2023-01-06Price change$1,600$1
2022-09-07Price change$3,799$3
2022-08-26Listed for rent$3,999$4
2022-02-01Listing removed$0
2022-01-22Listed for rent$1,500$1
2020-08-29Listing removed$3,199$3
2020-08-20Listed for rent$3,199$3
2019-04-05Listing removed$2,700$2
2019-04-02Price change$2,700$2
2019-03-22Listed for rent$3,650$3
2014-11-23Listing removed$2,500$2
2014-11-20Listed for rent$2,500$2

Tax History

YearProperty TaxTax Assessment
2026$0$88,701
2025$1,215.76$86,963
2024$1,178.55$85,258
2023$1,156.99$83,587
2022$1,135.49$81,949
2021$1,109.98$80,343
2020$1,094.12$79,520
2019$1,094.12$77,961
2018$977.11$76,433
2017$977.11$74,935
2016$960.62$73,466
2015$915.59$72,364
2014$957.14$70,948
2012$0$69,245
2011$0$67,888
2009$0$67,543
2008$0$66,220
2007$0$64,923
2006$0$63,651
2005$0$63,651
2004$0$61,181
2003$0$60,060
2002$0$58,883
2000$0$56,599
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,466
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $999,999Rent Basis: Observed Comp Model ($3,195/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $500/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.29%

NOI: $22,870/yr

Cash-on-Cash Yield
-17.1%

On $230,000 invested

DSCR Ratio
0.37x

Negative debt coverage

5-Yr Leveraged ROI
+8.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$54/mo
Homeowner / Hazard Insurance-$500/mo
Vacancy Reserve (5% of rent)-$160/mo
Repairs & Maintenance (10% of rent)-$320/mo
Property Management (8% of rent)-$256/mo
Total Pure Operating Expenses-$1,289/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,195/mo
Less: Operating Expenses-$1,289/mo
Net Operating Income (NOI)+$1,906/mo
Less: Debt Service (30yr @ 6.75%)-$5,189/mo
Net Cash Flow
$-3,283/mo
$-39,396/year
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