$1,800,000
Calculate Payment
Calculate Payment
366 Palmer Avenue Glendale, CA 91204
Apartment
Residence
Beds
Baths
4,072
Sq. Ft.
0.16
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Call Listing Agent for Marketing Package!
Keller William is pleased to present 366-368 W Palmer Ave, Glendale, CA 91204 – a multifamily investment rich in both financial upside and Historical significance. This 6-unit property, located in the highly desirable Tropico neighborhood of Glendale, offer...s an excellent opportunity for investors seeking both stable cash flow and long-term appreciation.
Key Investment Highlights:
• Historic Significance: Constructed in 1897, this property was evaluated during the 2017 South Glendale Historic Resources Survey and recognized as a rare example of early residential development in Tropico. It’s eligible for listing in the Glendale Register under local Criterion 1, representing the earliest period of South Glendale’s
residential history, and under local Criterion 3, for its outstanding residential vernacular architecture.
”The property is not currently registered as a historic property. The new owner has the opportunity to pursue historic designation for added
recognition and potential benefits.”
• Architectural Integrity: The property retains many of its original, character-defining
features, including its two-story height, rectangular plan, hipped roof with flared and bracketed eaves, central attic dormer, and wood lap siding. These architectural elements add value and appeal, making it a unique asset in Glendale's multifamily
market.
• Value-Add Potential: In addition to its historical appeal, there is the opportunity to convert the existing garage into an (ADU's), further boosting rental income with minimal capital investment.
With its blend of historical charm, architectural integrity, and income-generating potential, 366-368 W Palmer Ave presents a unique opportunity for investors looking to capitalize on both cultural heritage and future growth.
Continue reading
MLS#
SR24229186
Property Type
Apartment
Status
Year Built
1897
Square Feet
4,072
sq. ft
Lot Size
0.16
Sewer
No Sewer, Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In