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Listed by: Christina Karapetyan (818) 434-4040 DRE #01431798 | Lion Group Investments Inc (818) 434-4040
$1,550,000
5 Beds
- 4 Baths
2,314sqft
638 Salem St, Glendale, CA 91203
$1,550,000
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Quadruplex
Built in 1949
$-- HOA
7,020 sqft lot
$670/sq.ft
Description
This well-maintained four-unit property presents an exceptional investment opportunity with stable rental income and significant upside potential. Ideally located in the highly desirable South Glendale neighborhood, just minutes from the Glendale Galleria and The Americana, this income-producing property offers immediate cash flow with the possibility for future rental growth and potential ADU development (buyer to verify).The property currently generates approximately$9,180per month in rental income and offers flexibility for both investors and owner-users. The front residence is a charming 2-bedroom, 1-bathroom home featuring approximately 994 square feet of living spac...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
2,314 sqft
Lot Size
7,020 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
GD26132487
MLS Status
Active
Days on Market
64
Cumulative Days on Market
1
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