638 Salem Street Glendale, CA 91203
Prime Investment Opportunity: Four-Unit Property in Desirable Glendale Neighborhood. This four-unit property presents an outstanding investment opportunity with stable tenants and substantial potential for rental income growth. Located in the sought-after Glendale area, just minutes from the Glendale Galleria and The Americana, this rare property offers immediate returns with the possibility for future rent adjustments. Main House: The charming front house is a two-bedroom, one-bathroom residence, offering approximately 994 square feet of living space. It features modern conveniences such as central heating, air conditioning, in-unit laundry, a covered porch, and an attached garage. This combination of amenities makes it an attractive option for tenants seeking comfort and convenience. Back Units: Behind the Main House, there are three additional units, each with detached walls for enhanced privacy and reduced noise: Unit A: A 302-square-foot studio with easy street parking available. Unit B: A 624-square-foot two-bedroom, one-bath unit with ample space for outdoor seating and two tandem parking spots on the driveway. Unit C: A 458-square-foot one-bedroom, one-bath unit, with a private patio for outdoor seating and easy street parking available. The back units share access to coin-operated communal washing machine and dryer. With its unbeatable location, privacy-focused layout, outdoor spaces, ample parking options, and potential for rent increases, this property is perfect for investors looking to capitalize on the growing demand in the Glendale area. · Main House: New washing machine (2017) and new dishwasher (2017). ·Unit A: New refrigerator, new stove/oven, and new wall air conditioning unit. ·Unit B: New water heater and upgraded kitchen countertop/cabinets (2017). ·Unit C: New water heater, new central air conditioning, new stove/oven, and new bathroom vanity. ·Common Area: New water heater for laundry area, new metal gate, three nest cameras for added surveillance and plants.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site1 Day
- MLS StatusActive
- MLS ID NumberGD24198870
- Home Size Source N/A
- Year Built1949
- Lot Size0.1612 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 1
- Sewer Unknown
- Number of Stories 1
- Acreage 0.1612
- Water Public
- Property Sub Type Quadruplex
- Garage Spaces 1
- Zoning GLR-4*
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Laundry Features Common AreaInsideSee Remarks
Exterior Features
- Pool Features None
- Lot 2-5 Units/ Acre
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 628 - Glendale-South of 134 Fwy