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Listed by Akash Saini • Keller Williams Realty Calabasas
$1,800,000
Est. payment /mo
4,072 SqFt
Active
366 W Palmer Avenue Glendale, CA 91204
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. �?�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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