366 W Palmer Avenue, Glendale, CA 91204 - Photo 1 of 8, Glendale, CA
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Sold$1,575,000on Jun 20, 2025

366 W Palmer Avenue, Glendale, CA 91204

Keller Williams Realty Calabasas
3Beds
3Baths
0
32Days Listed

About This Property

We are pleased to present 366 W. Palmer Ave., Glendalea well-maintained 6-unit property with 20% upside potential, making it a prime value-add opportunity in one of San Fernando Valleys 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 concretereducing 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. Dont miss this exceptional investment opportunity!

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
3
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
32
Cumulative Days on Market
33
Original Price
$1,650,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Glendale Market Snapshot

182

Active Listings

$899K

Median Price

61

Avg Days on Market

Last updated: Jun 21, 2025

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Listed by

Akash Saini, Keller Williams Realty Calabasas · 916-704-4184

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,650,000