Active

419 Salem Street

Glendale CA, 91203

$1,890,000


$508.89 per sqft

Active

3,714 sqft

Multi-family

Built in 1950

Listed by Vahik Beglarian with Coldwell Banker Hallmark 818-203-5471

LOCATION, LOCATION!!!! This is an exceptional opportunity for an investor or a buyer to own a "Owner Occupied" 4 Unit Multi-Family Building in City of Glendale, Glendale is and will most likely always be one of the highest demands, a self-incorporated City in L.A., EZ freeway access to everywhere, Glendale attracts great demand and dictates high rental rents. This is a wonderful starter investment in Glendale, Specious Four (4) unit building, The building consists of a Two spacious (Approximately 1100 SQFT, 2Bedroom, 1 Bath Units) and Two (Approximately 700 SQFT 1Bedroom, 1-bedroom Units) Buyer to verify!, Separately metered Units, Updated units with laminate flooring, newly painted building, The property offers 4-car carport spaces, One space for each unit. The property is located within within close proximity of the Americana at Brand and the recently remodeled Glendale Galleria shopping mall.
"Property could be vacated in its entirely if required within 60 days after close of escrow" which could offer exceptional opportunities for an investor to rent the units at much higher rental rate with moderate upgrading of the units.

GD24163389

MLS ID

August 8, 2024

Listed

October 1, 2024

Updated

Map

419 Salem Street
Glendale CA, 91203

Interior Features

Total Stories

2


Appliances

Dishwasher, Disposal, Gas Oven, Gas Water Heater, Water Heater


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Sprinklers In Front


Roof

Composition


Sewer

None

Other Property Details

Area Name

628 - Glendale-South of 134 Fwy


Days on Market

10


Garage

No


Parking

Assigned, On Site


Parking Total

5


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

GLR4YY

Listing Contact: 818-476-3000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/1/2024. 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. 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/1/2024 at 10:27 PM UTC

 

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