361 W PALMER Avenue, Glendale, CA 91204
Commercial property · 2 recorded sales since 2022
Sold March 2022
Listing Agent: Aram Gaboudian (DRE #01493911) · Listing Office: Keller Williams Los Angeles · Contact: 626-593-7560 · Bought with: Karineh Megerdichian · Coldwell Banker Hallmark · MLS #22132435 · Source: CRMLS
2,485
Building Sq Ft
5
Units
6,999 sqft
Lot Size
1950
Year Built
GLR4P*
Zoning
Commercial property
Type
About this commercial property
Located idealy between Downtown Glendale, Atwater Village, and Downtown Los Angeles is a very rare opportunity for this 5 unit building with up to 28% potential upside in value. Current monthly rent total is $8,025/mo ($96,300/year). The unit mix is 1 unit with 2 beds 1 bath and 4 units with 1 bed 1 bath. Tenants pay for their own electricity and gas. Owner has made many updates and upgrades.
Listing description from the March 2022 sale, as reported to CRMLS.
Sale history
$1,899,000
Sold March 2022 · orig. $1,990,000, on market February 2022 · MLS #22132435 · Source: CRMLS
Listing Agent: Aram Gaboudian · Listing Office: Keller Williams Los Angeles · Contact: 626-593-7560 · Bought with: Karineh Megerdichian · Coldwell Banker Hallmark
$1,899,000
Sold March 2022 · orig. $1,999,000, on market February 2022 · MLS #22127439 · Source: CRMLS
Listing Agent: Aram Gaboudian · Listing Office: Keller Williams Los Angeles · Contact: 626-593-7560 · Bought with: Karineh Megerdichian · Coldwell Banker Hallmark