366 W Palmer Avenue Active

Glendale,CA 91204

$ 1800000

- Bed

0 Bath

4072 SqFt


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

Year Built 1897

Lot Size 6,952 Sqft

Acres 0.16

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. ”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

Area Listing

Zoning GLR4

Interior

Heating None

Cooling None

Fireplace No

Laundry Gas Dryer Hookup,Other

Exterior

View Y/N false

View None

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5640007005

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