366 W Palmer Avenue, Glendale, CA 91204
-
Listed Price :
$1,650,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1897
Property 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!
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
| Heating Type |
None |
Listing Information
| Address |
366 W Palmer Avenue |
| City |
Glendale |
| State |
CA |
| Zip |
91204 |
| County |
Los Angeles |
| Listing Agent |
Akash Saini DRE #02010158 |
| Courtesy Of |
Keller Williams Realty Calabasas |
| List Price |
$1,650,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
6,952 |
| Year Built |
1897 |
Listing information courtesy of: Akash Saini, Keller Williams Realty Calabasas. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 4th, 2025 at 1:37 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
