419 Salem St, Glendale, CA 91203 | For Sale

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For Sale $1,890,000

$1,890,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,873 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,890,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1950
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 5637017032
MLS # GD24163389
Property ID 320746911
Lot Sqft 6,873
Zoning GLR4YY
Total Units 4
Days on Market 196
Original List Price $1,890,000
Applicances Dishwasher,Disposal,Gas Oven,Gas Water Heater,Water Heater%
Date Updated September 30, 2024
Date Created August 08, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $7,400 $0
Net Income (Yr) $ 62,160
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Listing Provided By

Vahik Beglarian an agent of Coldwell Banker Hallmark. Lic #00941552


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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