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$3,200,000
63 Days On Site
720 Salem StreetGlendale, CA 91203
For Sale|Residential Income|Active
16
Beds
16
Total Baths
6,680
SqFt
$479
/SqFt
1950
Built
County:
Los Angeles
Listed by Arash Salehpour of Tosti Incorporated [email protected]
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Call Now: (678) 675-6575
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(678) 675-6575
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6.3% CAP Rate. 16-unit bungalow-style apartment building situated on a large lot in prime Glendale. Listing price is under market value, offering strong upside potential for the right investor. All units are fully leased on month-to-month terms, allowing flexibility for repositioning. Property features classic California bungalow charm with potential to add private patios. Great unit mix and solid income-producing asset in a high-demand rental market. Close to schools, shopping, and transportation. 8% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.
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Listing Snapshot
Price
$3,200,000
Days On Site
63 Days
Bedrooms
16
Inside Area (SqFt)
6,680 sqft
Total Baths
16
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3623 Acres
Year Built
1950
MLS® Number
25559697
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.3623
Number Of Stories
1
Parking
On Street
Pets
No
Sewer
Other
Special Circumstances
Standard
SqFt Total
6680
Stories
One
Style
Bungalow
Zoning
GLR4P*
Interior Features
Fireplace Features
None
Heating
Wall Furnace
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Exterior Features
Patio And Porch
None
Pool Features
None
Spa Features
None
View
None
Waterview
None
Community Features
Building Access
Main Level
MLS Area
628 - Glendale-South of 134 Fwy
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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