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419 Salem StreetGlendale, CA 91203

For Sale

$1,890,000

Smart Buyer Rebate $18,900

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.

Listed by Vahik Beglarian

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License #00941552

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Coldwell Banker Hallmark

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818-203-5471

Listed by Shalita Dergazarian

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License #01087355

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Coldwell Banker Hallmark

Last updated December 05, 2024

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Source: CRMLS #GD24163389

Listing Facts

  • TypeMulti-family
  • NeighborhoodVineyard
  • Days on Prevu396

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

09/17/2024
Status changed to Active
$1,890,000
09/17/2024
Status changed to Removed from Feed
$1,890,000
08/08/2024
Listed by Coldwell Banker Hallmark
$1,890,000

Property Details for 419 Salem Street

Association

Amenities

  • Community Features: Street Lights, Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Composition
  • Stories Total: 2
  • Year Built: 1950
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame, Stucco
  • Entry Level: 1
  • Entry Location: Street,Driveway

Features

  • Fencing: Fair Condition, Wood
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 3,714
  • Building Area Units: Square Feet
  • Lot Features: Sprinklers In Front
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,873
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,873
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $26,640.00

Taxes

  • Parcel Number: 5637017032

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Water Heater

Other

Features

  • Accessibility Features: Parking, Accessible Doors

Location

  • Tax Lot: 50

Parking

Parking

  • Carport Spaces: 5
  • Carport: Yes
  • Parking Features: Assigned, On Site
  • Parking Total: 5

Utilities

Equipment

  • Electric: Electricity - On Property
  • Laundry Features: Common Area
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Sewer Not Available

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.