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$1,800,000
Est. payment /mo
6,952 Sqft Lot
UPDATED:
11/18/2024 10:02 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR24229186
Originating Board California Regional MLS
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 Glenda
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Heating No Heating
Cooling None
Laundry 30, 38, 9
Exterior
Garage Spaces 4.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 5640007005
Special Listing Condition Not Applicable
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Listed by Akash Saini • Keller Williams Realty Calabasas
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Sharad Gupta
Broker | License ID: 02213637
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