$10,000 Closing Credit¹
#GD25111725, Arthur Ambarchyan, Listing office: Keller Williams R. E. Services
#SR25111469·
Listing office: Keller Williams Realty Calabasas·
Listing agent: Akash Saini·
Listing office phone: 916-704-4184
$1,650,000 List price
366 W Palmer Ave Glendale, CA 91204
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 366 W Palmer Ave
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!
Highlights
Home typeCondominium
StatusActive
Lot size0.1596 Acres
Year built1897
MLS #SR25111469
Garage4 spaces
Summary
- Garage Space: 4 spaces
- Private Pool: No
- List Price: $1,650,000
- HOA Amount: $0
- Annual Tax Amount: $18,648
- Tax Year: 2024
- Lot: Sprinklers
- Directions: San Fernando Rd. & South of Chevy Chase Dr
- Year Built: 1897
- Stories: 2
- Lot Size: 0.1596 Acres
- MLS Number: SR25111469
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Phone: (916) 704-4184
- Listing Agent: Akash Saini
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 7:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,650,000
366 W Palmer Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,640,466 | $18,648 |
| 2023 | $1,608,301 | $18,233 |
| 2022 | $1,576,766 | $17,924 |
| 2021 | $1,545,850 | $17,617 |
| 2020 | $255,485 | $3,491 |
| 2019 | $250,477 | $3,368 |
| 2018 | $245,566 | $3,278 |
| 2017 | $240,752 | $3,278 |
History based on county public records data.
Nearby schools
6
Cerritos Elementary School
Public District PK-6
0.6 mi
•120 E Cerritos Ave
6
Thomas Edison Elementary School
Public District KG-6
0.6 mi
•435 S Pacific Ave
8
Horace Mann Elementary School
Public District PK-5
0.7 mi
•501 E Acacia Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,219. The most common annual income of people living in Glendale, CA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
55%
<35k
40%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 366 W Palmer Ave
The listing price of 366 W Palmer Ave property is $1,650,000.
The property 366 W Palmer Ave is a condo located in Glendale, California, 91204.
Active Listing: 366 W Palmer Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 366 W Palmer Ave are: Cerritos Elementary School (GreatSchools Rating 6/10), Thomas Edison Elementary School (GreatSchools Rating 6/10), Horace Mann Elementary School (GreatSchools Rating 8/10), Theodore Roosevelt Middle School (GreatSchools Rating 7/10), Irving STEAM Magnet (GreatSchools Rating 7/10), Isana Octavia Academy (GreatSchools Rating 6/10), Daily (Allan F.) High (Continuation) (GreatSchools Rating 2/10), Alliance Leichtman-Levine Family Foundation Env Science High School (GreatSchools Rating 7/10), Glendale High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $18,648 (source: MLS/based on county public records data).
The property at 366 W Palmer Ave has 0 bathroom.
The year of construction for 366 W Palmer Ave is 1897.
This home is located at 366 W Palmer Ave in Glendale, CA and zip code 91204 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $1,650,000.
In May 2025, from all listings sold in Glendale, CA there were more than 33 sold above asking price, over 13 sold below and more than 9 were sold right at the asked price. In May 2025 in Glendale, CA there were 7.8% more homes for sale than in April. While the average time on the market in May 2025 was 24 days, the median list price was $1,151,000.
From Rocket Homes Real Estate and based on county public records data.