Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
Download App
Street View
Listed by: Arash Salehpour DRE #02213984 | Tosti Incorporated (310) 567-8883
$3,200,000
16 Beds
16 Baths
6,680sqft
720 Salem St, Glendale, CA 91203
$3,200,000
Get Pre-Approved
Multi Family
Built in 1950
$-- HOA
15,782 sqft lot
$479/sq.ft
Description
6.15% CAP Rate (updated rate after October increase) . 16-unit bungalow-style apartment building situated on a large lot in prime Glendale. Listing price is under market value, offering strong upside potential for the right investor. All units are fully leased on month-to-month terms, allowing flexibility for repositioning. Property features classic California bungalow charm with potential to add private patios. Great unit mix and solid income-producing asset in a high-demand rental market. Close to schools, shopping, and transportation. 8% added to rent from starting October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.
- Houzeo last checked: 34 Minutes ago
- Listing updated: December 28, 2025 at 1:57 am
- Source: California Regional MLS-CA | MLS#: 25559697
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
6,680 sqft
Lot Size
15,782 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25559697
MLS Status
Pending
Days on Market
219
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
