Glendale, CA 91203,419 Salem Street
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$ 1,890,000
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419 Salem Street Glendale, CA 91203

6 Beds

4 Baths

6,873 Sqft Lot


UPDATED:

09/18/2024 05:46 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24163389

Bedrooms 6

HOA Y/N No

Lot Size 6,873 Sqft

Property 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.
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.

Location

State CA

County Los Angeles

Area Glendale (91203)

Zoning Assessor

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $37

Space Rent $2,000


San Diego Regional MLS (SDMLS)
Listed by Vahik Beglarian • Coldwell Banker Hallmark

Ruben Lafuente

Agent | License ID: 01965249

+1(619) 500-2997

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419 Salem Street