Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    419 Salem Street, Glendale, CA 91203
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    419 Salem Street
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    • MLS#: GD24163389 ( Quadruplex )
    • Street Address: 419 Salem Street
    • Viewed: 7
    • Price: $1,890,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1950
    • Bldg sqft: 0
    • Days On Market: 136
    • Additional Information
    • County: LOS ANGELES
    • City: Glendale
    • Zipcode: 91203
    • Provided by: Coldwell Banker Hallmark
    • Contact: Vahik Vahik
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      LOCATION, LOCATION!!!! This is an exceptional opportunity for an investor or a buyer to own a "Owner Occupied" 4 Unit Multi Family Building in City of Glendale, Glendale is and will most likely always be one of the highest demands, a self incorporated City in L.A., EZ freeway access to everywhere, Glendale attracts great demand and dictates high rental rents. This is a wonderful starter investment in Glendale, Specious Four (4) unit building, The building consists of a Two spacious (Approximately 1100 SQFT, 2Bedroom, 1 Bath Units) and Two (Approximately 700 SQFT 1Bedroom, 1 bedroom Units) Buyer to verify!, Separately metered Units, Updated units with laminate flooring, newly painted building, The property offers 4 car carport spaces, One space for each unit. The property is located within within close proximity of the Americana at Brand and the recently remodeled Glendale Galleria shopping mall. Property could be vacated in its entirely if required within 60 days after close of escrow which could offer exceptional opportunities for an investor to rent the units at much higher rental rate with moderate upgrading of the units.
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    Features
    Accessibility Features
    1. 32 Inch Or More Wide Doors
    2. Parking
    Appliances
    1. Dishwasher
    2. Disposal
    3. Gas Oven
    4. Gas Water Heater
    5. Water Heater
    Association Fee
    1. 0.00
    Building Area Total
    1. 3714.00
    Carport Spaces
    1. 5.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Construction Materials
    1. Frame
    2. Stucco
    Country
    1. US
    Days On Market
    1. 29
    Electric
    1. Electricity - On Property
    Electric Expense
    1. 526.00
    Entry Location
    1. Street
    2. Driveway
    Fencing
    1. Fair Condition
    2. Wood
    Fuel Expense
    1. 400.00
    Garage Spaces
    1. 0.00
    Insurance Expense
    1. 1348.00
    Laundry Features
    1. Common Area
    Lockboxtype
    1. None
    Lot Features
    1. Lot 6500-9999
    2. Sprinklers In Front
    Netoperatingincome
    1. 62160.00
    Parcel Number
    1. 5637017032
    Parking Features
    1. Assigned
    2. On Site
    Pool Features
    1. None
    Postalcodeplus4
    1. 2141
    Property Type
    1. Quadruplex
    Road Frontage Type
    1. City Street
    Road Surface Type
    1. Gravel
    Roof
    1. Composition
    Sewer
    1. None
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 420614035:CRM
    Tenant Pays
    1. Cable TV
    2. Electricity
    3. Gas
    Totalactualrent
    1. 7400.00
    Totalexpenses
    1. 10444.00
    Trash Expense
    1. 1596.00
    Utilities
    1. Cable Connected
    2. Electricity Connected
    3. Natural Gas Connected
    4. Phone Connected
    5. Sewer Connected
    6. Water Connected
    View
    1. None
    Water Sewer Expense
    1. 6574.00
    Year Built
    1. 1950
    Year Built Source
    1. Assessor
    Zoning
    1. GLR4YY
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836