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 Glenda
MLS #
CRSR24229186
MLS Source
California Regional MLS
Days on Site
42
Cooling
None
Heating
No Heating
Garage/Parking
Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
366 W Palmer Ave is a Residential Income in Glendale, CA 91204. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,800,000 and was built in 1897.
This address can also be written as 366 W Palmer Ave, Glendale, CA 91204.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 18, 2024. For the most current information, please contact Akash Saini