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339 W Palmer Avenue

Glendale, CA 91204

– beds
– baths
– sqft
5,838 sqft lot
1950 build
– on site

3-unit property with huge upside potential. All units are tenant occupied with below market rents. Front house (2 bed/1 bath) with detached duplex behind (1 bed/1 bath each). Property is in need of heavy deferred maintenance and repairs and is a prime candidate for improvement, remodel, expansion or redevelopment. Lot is flat 5838 square feet and zoned GLR4YY, offering HUGE potential and opportunity. Don't miss this incredible income property with incredible potential. Property is being sold as-is without repairs or improvements. Please do not go onto property or disturb tenants.

Listed By CRMLS_CA / Richard Spracher / Engel & Volkers La Canada / 818-207-1180

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# GD24206351 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1950
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

1855.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

2
Architectural Style:

Traditional
Roof:

Asphalt, Composition
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Features:

Unfurnished
Levels:

One
Entry Location:

1
Window Features:

Screens, Wood Frames
Room Type:

All Bedrooms Down, Kitchen, Living Room
Fireplace:

Yes
Fireplace:

Bath, Kitchen, Living Room, Electric, Gas
Laundry:

None

Location

Directions:

South of Chevy Chase, between Central & San Fernando Rd.
Latitude:

34.13237700
Longitude:

-118.25962500

The Property

Property Type:

Residential Income
Subtype:

Triplex
Property Condition:

Fixer
Zoning:

GLR4YY
Lot Features:

Front Yard, Level with Street, Rectangular Lot, Near Public Transit, Utilities - Overhead
Lot Size Area:

5838.0000
Lot Size Dimensions:

42x140
Lot Size Acres:

0.1340
Lot Size SqFt:

5838.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Public Records
View:

None
Exclusions:

tenant owned appliances, window a/c units
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Other Structures:

Shed(s)
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

2
Tax Census Tract:

3024.01
Tax Area:

04-045
Tax Year:

2023
Tax Tract:

2452
Tax Lot:

4
Tax Annual Amount:

981.08

The Listing

Special Listing Conditions:

Standard, Trust
Parcel Number:

5640009013
Showings Begin:

2024-10-10

Heating & Cooling

Heating:

1
Heating:

Space Heater, Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Water Heater
Included:

Yes

The Community

Subdivision:

2452
Neighborhood:

Tropico
Features:

Biking, Curbs, Gutters, Sidewalks, Street Lights, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

None, Driveway

Extra Units

Average 1 Bed Area:

550
Average 2 Bed Area:

750

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
12/3/24 Dec 3, 2024	Price Changed	CRMLS_CA	$1,050,000	-4.5%
10/10/24 Oct 10, 2024	Listed / Active	CRMLS_CA	$1,100,000

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This multifamily located in Tropico, Glendale, CA 91204 is currently for sale for $1,050,000. 339 W Palmer Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 72 days. 339 W Palmer Avenue is in the Tropico neighborhood of Glendale and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Theodore Roosevelt Middle School, Cerritos Elementary School, and Glendale Senior High School.

Listing Courtesy of: CRMLS_CA and Engel & Volkers La Canada. Based on information from California Regional Multiple Listing Service, Inc. as of 22:55 on Dec 21.

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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.