Glendale, CA 91203,720 Salem ST
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Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
Glendale, CA 91203,720 Salem ST
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John Hickey

John Hickey

+1(818) 434-6696
$ 3,200,000
Est. payment /mo
Save
Pending

720 Salem ST Glendale, CA 91203

16 Beds

16 Baths

6,680 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 6,680 sqft

Price per Sqft $479

MLS Listing ID 25559697

Bedrooms 16

HOA Y/N No

Year Built 1950

Lot Size 0.362 Acres

Property 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.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4P*

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Exterior

Parking Features On Street

Pool None

View Y/N No

View None

Accessibility None

Porch None

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Pets Allowed No

Senior Community No

Tax ID 5638006007

Special Listing Condition Standard

Pets Allowed No

CRMLS – RECore
Listed by Arash Salehpour Tosti Incorporated

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Horace Mann Elementary School

    Public | PK - 5

  • 9

    R. D. White Elementary School

    Public | KG - 5

  • 9

    Delevan Drive Elementary

    Public | KG - 6

  • 8

    Joaquin Miller Elementary School

    Public | KG - 5

  • 8

    Balboa Elementary School

    Public | KG - 6

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Mark Keppel Elementary School

    Public | KG - 5

  • 7

    Ralph Emerson Elementary

    Public | KG - 5

  • 7

    Benjamin Franklin Elementary School

    Public | KG - 6

  • 7

    Celerity Octavia Charter

    Public | KG - 8

  • 7

    John Marshall Elementary School

    Public | KG - 5

  • 7

    Verdugo Woodlands Elementary School

    Public | KG - 6

  • 6

    William McKinley Elementary School

    Public | KG - 5

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 6

    John Muir Elementary School

    Public | KG - 6

  • 5

    Thomas Edison Elementary School

    Public | KG - 6

  • 5

    Columbus Elementary School

    Public | PK - 5

  • 5

    Atwater Avenue STEAM Elementary School

    Public | KG - 6

  • 5

    Cerritos Elementary School

    Public | PK - 6

Middle Schools 10
  • 8

    Woodrow Wilson Middle School

    Public | 6 - 8

  • 7

    Eleanor J. Toll Middle School

    Public | 6 - 8

  • 6

    Theodore Roosevelt Middle School

    Public | 6 - 8

  • 6

    Irving STEAM Magnet

    Public | 6 - 8

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 0

    International School of los Angeles-Burbank

    Private | 6 - 12

  • 0

    Immaculate Heart High School & Middle School

    Private | 6 - 12

  • 0

    Burbank Unified School District Community Day

    Public | 7 - 12

  • 0

    Jewel City Community Day

    Public | 7 - 10

High Schools 8
  • 8

    Burbank High School

    Public | 9 - 12

  • 8

    John Marshall High School

    Public | 9 - 12

  • 8

    Alliance Environmental Science and Technology High School

    Public | 9 - 12

  • 7

    Herbert Hoover High School

    Public | 9 - 12

  • 6

    Glendale High School

    Public | 9 - 12

  • 0

    Bellarmine-Jefferson High School

    Private | 9 - 12

  • 0

    Holy Family High School College Preparatory

    Private | 9 - 12

  • 0

    Daily (Allan F.) High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
John Hickey

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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720 Salem ST