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366 W Palmer Avenue
USD 1,650,000
Property ID: SR25084325
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366 W Palmer Avenue ,91204
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icon 6952 SqFt
icon Built in 1897
icon USD 237/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
4072
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1897
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Detailed Introduction Of This Home
We are pleased to present 366 W. Palmer Ave., Glendale—a well-maintained 6-unit property with 30% 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 sub panels, 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. WithGlendale 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!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (13)
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366 W Palmer Avenue
USD 1,650,000 0 Beds
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