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.
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.