Raquel Trifon Sells Glendale Multifamily Property at 366 West Palmer Avenue for $1.575M

This multifamily property, located at 366 West Palmer Avenue in Glendale, was sold for $1,575,000. The asset features 6 units and encompasses a total of 4,072 square feet, resulting in a price per unit of $262,500 and a price per square foot of $386. Built in 1897, this historic property came with its own unique set of challenges.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,575,000
• Units: 6
• Square Footage: 4,072
• Price Per Unit: $262,500
• Price Per Square Foot: $386
• Seller: Raquel Trifon
• Buyer's Representative: Patrick Long - Stevenson Real Estate Services
• Seller's Representatives: Akash Saini - Keller Williams Realty; Spartak Poghosyan
• Date of Sale: 06/20/2025

The deal was facilitated with strategic positioning and persistence, ultimately securing a buyer who identified the untapped potential of the property. This transaction reflects the collaborative efforts of both the buyer's and seller's representatives in navigating the complexities involved in the sale.