Homes for sale - 638 Salem ST, Glendale, CA 91203

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Christina Karapetyan • Lion Group Investments Inc

$1,749,000

Est. payment - /mo

7,020 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25003773

Year Built 1949

Lot Size 7,020 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Prime Investment Opportunity: Four-Unit Fully Occupied Property in Desirable Glendale Neighborhood This four-plex presents an outstanding investment opportunity with stable tenants and substantial potential for rental income growth. Located in the sought-after Glendale area, just minutes from the Glendale Galleria and The Americana, this rare property offers immediate returns with the possibility for future rent adjustments. Total rental income is $8,840. Live in the front unit and rent out the back 3 units for $6,090. MAIN HOUSE: The charming front house is a two-bedroom, one-bathroom residence, offering approximately 994 square feet of living space. It features modern conveniences such as central heating, air conditioning, in-unit laundry, a covered porch, and an attached garage. This combination of amenities makes it an attractive option for tenants seeking comfort and convenience. Total rental income is $2,750. BACK UNITS: Behind the Main House, there are three additional units, each with detached walls for enhanced privacy and reduced noise. Total rental income for the back units is $6,090: Unit A: A 302-square-foot studio with easy street parking available. Unit B: A 624-square-foot two-bedroom, one-bath unit with ample space for outdoor seating and two tandem park

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Exterior

Garage Spaces 3.0

Pool None

Building

Story One Story

Sewer TBD

Water District - Public

Others

Tax ID 5638005051

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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638 Salem ST Glendale, CA 91203

JLee Broker

Key Details

Location

Exterior

Building

Others

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