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Sold for $925,000 on 02/05/25
  • Listing Provided by: 

    Richard Spracher DRE #01977573 818-207-1180,

    Engel & Volkers La Canada

    $925,000

    339 W Palmer Ave, Glendale, CA 91204

    --beds
    --baths
    1,855sqft
    Triplex
    Built in 1950
    -- sqft lot
    $1,122,600 Zestimate®
    $499/sqft
    $3,221 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: February 05, 2025 at 03:12pm

    Listing Provided by:

    Richard Spracher DRE #01977573 818-207-1180,

    Engel & Volkers La Canada

    Bought with:

    David Nalbandyan, DRE #01869296

    LA Premier Realty

    Source: CRMLS,MLS#: GD24206351MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Space Heater, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Water Heater
    • Laundry: None
    Features
    • Unfurnished, All Bedrooms Down
    • Windows: Screens, Wood Frames
    • Has fireplace: Yes
    • Fireplace features: Bath, Electric, Gas, Kitchen, Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,855
    • Total interior livable area: 1,855 sqft

    Property

    Parking
    • Parking features: Driveway, None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,838 sqft
    • Dimensions: 42 x 140
    • Features: Front Yard, Near Public Transit, Rectangular Lot, Street Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 5640009013
    • Zoning: GLR4YY
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Asphalt,Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Gutter(s), Street Lights, Sidewalks, Urban
    Location
    • Region: Glendale

    HOA & financial

    Other financial information
    • Total actual rent: 1265

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,Submit
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $1,122,600