419 Salem Street, Glendale, CA 91203
  • MLS#: GD25239893 ( Quadruplex )
  • Street Address: 419 Salem Street
  • Viewed: 4
  • Price: $2,199,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 13
  • Additional Information
  • County: LOS ANGELES
  • City: Glendale
  • Zipcode: 91203
  • Provided by: Equity Union
  • Contact: Edwin Edwin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare Multi Family Offering in Prime Glendale Location Unlock the potential of this rare 4 unit income property situated in the heart of Glendaleone of Los Angeles Countys most vibrant and enduringly popular cities . Renowned for its strong community character, high rental demand, and convenient access to major freeways, Glendale continues to command premium rental rates and long term investor confidence. This well positioned asset offers a balanced mix of unit types: two generously sized 2 bedroom, 1 bath residences and two specious 1 bedroom, 1 bath units. Each unit has its own ELECTRIC and GAS meters and has been updated with features including laminate flooring and fresh interior/exterior paint. A dedicated carport provides four covered parking spacesone per unit. The propertys unbeatable location places it just minutes from two of Glendales premier lifestyle destinations: the Americana at Brand and the recently reimagined Glendale Galleria. These nearby attractions make it especially appealing to prospective tenants seeking a live work play environment. All 4 unit is currently owner occupied. An added advantage for investors: the entire building can be delivered vacant within 60 days of closing, providing a blank slate for repositioning, cosmetic upgrades, and the ability to adjust rents to current market value.
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Features
Building Area Total
  1. 3714.00
Carport Spaces
  1. 4.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Electric
Country
  1. US
Electric Expense
  1. 600.00
Entry Location
  1. DRIVEWAY/STREET
Flooring
  1. Laminate
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 1400.00
Laundry Features
  1. Common Area
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 0.00
Parcel Number
  1. 5637017032
Parking Features
  1. Detached Carport
  2. Covered
  3. Driveway
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 449193767:CRM
Totalexpenses
  1. 9600.00
Trash Expense
  1. 1600.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Available
  4. Sewer Connected
  5. Water Connected
Water Sewer Expense
  1. 6000.00
Water Source
  1. Public
Year Built
  1. 1950
Year Built Source
  1. Assessor