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419 Salem Street

Glendale, CA 91203

$1,890,000

List Price

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bed Beds

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shower Baths

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1950

calendar_month Built

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.

Listing Information

List Price $1,890,000
Status Active
MLS GD24163389
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1950
Lot Size 6,873
Structure Size N/A
DOM 10
Courtesy Of Coldwell Banker Hallmark
Listing Agent Vahik Beglarian DRE#00941552
Co-Listing Agent Shalita Dergazarian DRE#01087355

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

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Listing information courtesy of: Vahik Beglarian, Shalita Dergazarian, Coldwell Banker Hallmark . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.