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366 W Palmer Avenue Glendale, CA 91204
$1,650,000 0 beds, 0 baths
0 sqft
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The Keaty Team

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Agent Remarks

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!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25111469
List price is $1,650,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1897
2 stories
0.16 acres
Lot size: 0.1596
County: Los Angeles
Zoning: GLR4P*
Lot description: Sprinkler System,Walkstreet
MLS area: 628 - Glendale-South of 134 Fwy

Last Updated: 5/24/2025

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This listing belongs to the 628 - Glendale-South of 134 Fwy MLS area

Lat/Long: 34.131880, -118.260749.
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Listing Agent: Akash Saini
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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