366 W Palmer Avenue

Glendale, CA 91204

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,072 Sqft
  • 6952
    Sqft(Lot)
$1,650,000

Description

We are pleased to present 366 w. palmer ave., glendale—a well-maintained 6-unit property with 20% upside potential, making it a prime value-add opportunity in one of san fernando valley’s strongest rental submarkets of glendale. this property features a desirable unit mix with significant income growth potential, supported by recent capital improvements, including a brand-new roof on the rear building, updated electrical main panel and subpanels, new copper plumbing, and new asphalt and concrete—reducing future maintenance costs.



strategically located in a high-demand rental market, the property benefits from proximity to employment hubs, shopping centers, and major transportation corridors. with glendale experiencing strong rent growth, this is an excellent investment for those seeking long-term appreciation and income stability. additionally, three units offer room for interior upgrades, providing investors with the opportunity to increase rental income and capitalize on the continued demand for quality housing in the san fernando valley.



further enhancing its value-add potential, buyers can also explore converting the existing garages into two additional 1-bedroom units, creating even greater income potential. don’t miss this exceptional investment opportunity!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47585993

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1897
    • Building Area Total: 4,072

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1596
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6952

  • Listing Price Information

    • Original List Price: 1,650,000
    • Listing Contract Date: 2024-11-06

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5640007005

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Postal Code Plus 4: 2219
    • Directions: Near San Fernando Rd. and W. Chevy Chase Dr.
    • Zoning: GLR4P*
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 128
    • Common Walls: 1 Common Wall
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: Street
    • Property Attached: Yes
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BuyOwner last updated this listing 04/06/2025 @ 08:55

  • MLS: SR24229186
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 4,072 sqft, 6,952 sized lot, and 4 parking. are nearby neighborhoods.