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$1,800,000
Est. payment /mo
4,072 SqFt
UPDATED:
11/18/2024 11:31 PM
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 Sub-Type Other
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. â€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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Listed by Akash Saini • Keller Williams Realty Calabasas
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122