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.
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
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#: GD24206351
Originating 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