CA > Glendale
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
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Tony English

Tony English

+1(949) 463-1085
$ 3,200,000
Est. payment | /mo

16 Beds

16 Baths

6,680 SqFt

Save
$ 3,200,000
Est. payment | /mo
Save

16 Beds

16 Baths

6,680 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,680 sqft

Price per Sqft $479

MLS Listing ID 25559697

Bedrooms 16

HOA Y/N No

Year Built 1950

Lot Size 0.362 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4P*

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Parking Features On Street

Pool None

View Y/N No

View None

Accessibility None

Porch None

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Pets Allowed No

Senior Community No

Tax ID 5638006007

Special Listing Condition Standard

Pets Allowed No

CRMLS – RECore
Listed by Arash Salehpour Tosti Incorporated
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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720 Salem ST