Glendale, CA 91203,720 Salem St
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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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$ 3,200,000
Est. payment /mo
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720 Salem St Glendale, CA 91203

16 Beds

16 Baths

6,680 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,680 sqft

Price per Sqft $479

MLS Listing ID 25559697

Style Bungalow

Bedrooms 16

Year Built 1950

Lot Size 0.362 Acres

Acres 0.3623

Property Sub-Type Multi-Family

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 Glendale-South Of 134 Fwy

Zoning GLR4P*

Rooms

Other Rooms None

Interior

Interior Features None

Heating Wall

Cooling Window Unit(s)

Fireplaces Type None

Equipment None

Laundry Laundry Area

Exterior

Parking Features On street

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Story 1

Foundation None

Sewer In Street

Water Public

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

Pets Allowed No


TheMLS (CLAW)
Listed by Tosti Incorporated

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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