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 $510,000
Listed by: Engel & Volkers La Canada • Richard Spracher • Contact: 818-207-1180
Bought with: LA Premier Realty
$510,000
339 W Palmer Ave, Glendale, CA 91204
4beds
3baths
1,855sqft
Triplex
Built in 1950
-- sqft lot
$510,600 Zestimate®
$275/sqft
$3,008 Estimated rent
Home value
$510,600
$465,000 - $562,000
$3,008/mo
Zestimate® history
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Detached duplexFront house
Zillow last checked:
Listing updated:
Listed 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
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
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 Square Feet
- 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 & HOA
Community
- Features: Biking, Curbs, Gutter(s), Street Lights, Sidewalks, Urban
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $275/sqft
- Tax assessed value: $69,998
- Annual tax amount: $981
- Date on market: 10/10/2024
- Cumulative days on market: 77 days
- Listing terms: Cash,Cash to New Loan,Conventional,Submit
- Exclusions: tenant owned appliances, window a/c units
- Total actual rent: 1265
- Tenant pays: Cable TV, Electricity, Gas, Grounds Care, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Sold | $510,000-44.9%$275/sqft |
Source: Public Record Report a problem | ||
| 2/5/2025 | Sold | $925,000-11.9%$499/sqft |
Source:  CRMLS #GD24206351 Report a problem | ||
| 1/15/2025 | Pending sale | $1,050,000$566/sqft |
Source: CRMLS #GD24206351 Report a problem | ||
| 12/28/2024 | Contingent | $1,050,000$566/sqft |
Source: CRMLS #GD24206351 Report a problem | ||
| 12/3/2024 | Price change | $1,050,000-4.5%$566/sqft |
Source: CRMLS #GD24206351 Report a problem | ||
| 10/10/2024 | Listed for sale | $1,100,000$593/sqft |
Source: CRMLS #GD24206351 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,052 +5.3% | $69,998 +2% |
| 2024 | $998 +1.8% | $68,626 +2% |
| 2023 | $981 +2% | $67,281 +2% |
| 2022 | $962 +2.7% | $65,963 +2% |
| 2021 | $937 +1.5% | $64,670 +1% |
| 2020 | $923 | $64,007 +2% |
| 2019 | $923 +8% | $62,753 +2% |
| 2018 | $854 | $61,524 +2% |
| 2017 | $854 +1.7% | $60,319 +2% |
| 2016 | $840 +5.8% | $59,137 +1.5% |
| 2015 | $794 -0.4% | $58,250 +2% |
| 2014 | $797 | $57,110 +4.5% |
| 2011 | -- | $54,647 +0.5% |
| 2009 | -- | $54,369 +4% |
| 2007 | -- | $52,260 +2% |
| 2006 | -- | $51,236 |
| 2005 | -- | $51,236 +4% |
| 2004 | -- | $49,249 +1.9% |
| 2003 | -- | $48,347 |
Find assessor info on the county website
Neighborhood: Tropico
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Nearby schools
GreatSchools rating
- 5/10Cerritos Elementary SchoolGrades: K-6Distance: 0.6 mi
- 5/10Theodore Roosevelt Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Glendale High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$510,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$510,600
- California
- Los Angeles County
- Glendale
- 91204
- Tropico
- 339 W Palmer Ave
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