419 Salem Street, Glendale, CA 91203
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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
- DMCA Notice
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DescriptionLOCATION, 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.
Property Location and Similar Properties
Features
Accessibility Features
- 32 Inch Or More Wide Doors
- Parking
Appliances
- Dishwasher
- Disposal
- Gas Oven
- Gas Water Heater
- Water Heater
Association Fee
- 0.00
Building Area Total
- 3714.00
Carport Spaces
- 5.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Construction Materials
- Frame
- Stucco
Country
- US
Days On Market
- 29
Electric
- Electricity - On Property
Electric Expense
- 526.00
Entry Location
- Street
- Driveway
Fencing
- Fair Condition
- Wood
Fuel Expense
- 400.00
Garage Spaces
- 0.00
Insurance Expense
- 1348.00
Laundry Features
- Common Area
Lockboxtype
- None
Lot Features
- Lot 6500-9999
- Sprinklers In Front
Netoperatingincome
- 62160.00
Parcel Number
- 5637017032
Parking Features
- Assigned
- On Site
Pool Features
- None
Postalcodeplus4
- 2141
Property Type
- Quadruplex
Road Frontage Type
- City Street
Road Surface Type
- Gravel
Roof
- Composition
Sewer
- None
Sourcesystemid
- CRM
Sourcesystemkey
- 420614035:CRM
Tenant Pays
- Cable TV
- Electricity
- Gas
Totalactualrent
- 7400.00
Totalexpenses
- 10444.00
Trash Expense
- 1596.00
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Connected
View
- None
Water Sewer Expense
- 6574.00
Year Built
- 1950
Year Built Source
- Assessor
Zoning
- GLR4YY