1 month on rocket

339 W Palmer Ave, Glendale, CA, 91204

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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339 W Palmer Ave, Glendale$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, None
Year Built1950
HeatingSpace Heater(s), Wall Furnace
CoolingWall/Window Unit(s)
FireplaceBath, Electric, Gas, Kitchen, Living Room
ViewNone
MLS #GD24206351
Lot Size0.13 Acres
StatusActive

About 339 W Palmer Ave

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 (each are 1 bed/1 bath). Property is in need of heavy deferred maintenance and is a prime candidate for improvement, remodel and/or expansion. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Engel & Volkers La Canada
  • Office Phone: (818) 207-1180
  • Listing Agent: Richard Spracher

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Interior: Unfurnished, All Bedrooms Down
  • Fireplace: Bath, Electric, Gas, Kitchen, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway, None

Lot Features

Lot Information:

  • Lot: Front Yard, Near Public Transit, Rectangular Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Space Heater(s), Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: South of Chevy Chase, between Central & San Fernando Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $937
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Glendale, CA.

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Glendale, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$717

Avg. Days On Market

32

# of Sold Homes

69

339 W Palmer Ave vs Glendale

38 DAYS ON ROCKET

+6 Days

$1,100,000

-$50K Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price in Glendale, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24206351

Listing Office:

  • Office Name: Engel & Volkers La Canada
  • Office Phone: (818) 207-1180
  • Listing Agent: Richard Spracher

IDX 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: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$937$64,670
2020$908$64,007
2019$854$62,753
2018$840$61,524
2017$840$60,319

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-382982
6
/10

  • Cerritos Elementary School

  • 120 E Cerritos Ave

  • 0.61 miles

  • Public District Grades PK-6

school-card-donut-382983
8
/10

  • Horace Mann Elementary School

  • 501 E Acacia Ave

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-382984
6
/10

  • Thomas Edison Elementary School

  • 435 S Pacific Ave

  • 0.62 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,209. Most Glendale, CA residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Glendale›91204›339 W Palmer Ave

This home is located at 339 W Palmer Ave in Glendale, CA and zip code 91204 in the The Verdugos neighborhood. This home, which was built in 1950, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $1,100,000.

In October 2024, from all listings sold in Glendale, CA there were more than 38 sold above asking price, over 24 sold below and more than 7 were sold right at the asked price. The number of listings in Glendale, CA increased by 4.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 32 days, the median list price was $1,150,000.

From Rocket Homes Real Estate and based on county public records data.

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