720 Salem Street, Glendale, CA 91203 (MLS # 25559697)

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PRICE $3,200,000 dsIDX morgage calculator
BEDS 16
BATHS 16
HOME SIZE 6,680 sqft
LOT SIZE 15,782 sqft

6.3% CAP Rate. 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% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.

DAYS ON MARKET 1 LAST UPDATED 7/1/2025
YEAR BUILT 1950 COMMUNITY 628 - Glendale-South of 134 Fwy
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 628 - Glendale-South of 134 Fwy
HEAT Wall Furnace
LOT 0.3623 acre(s)
PARKING On Street
POOL DESCRIPTION None
SEWER Other
STORIES 1
STYLE Bungalow
VIEW DESCRIPTION None
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Tosti Incorporated

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