$ 1,800,000
366 W Palmer Avenue Glendale, CA 91204
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Listed by Akash Saini • Keller Williams Realty Calabasas
$ 1,800,000
Est. payment /mo
Active
366 W Palmer Avenue Glendale, CA 91204
4,072 SqFt
UPDATED:
11/19/2024 06:27 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $442
MLS Listing ID CRSR24229186
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1897
Lot Size 6,952 Sqft
Property Description
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, offers 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. â€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 G
Location
State CA
County Los Angeles
Interior
Heating None
Cooling None
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
View None
Building
Water Public
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