Glendale, CA 91203 720 Salem Street

$3,295,000

0 more

Presented By: Sid Salehpour with REALTY MASTERS & ASSOCIATES; ssidsall@hotmail.com

MLS# CV24045059
03/05/2024

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SQFT • 6,680

Home Details

Glendale Multi-unit for sale, 16 single story bungalow style units. All fully leased, under market value. Huge upside for the right investor.

Presented By: Sid Salehpour with REALTY MASTERS & ASSOCIATES; ssidsall@hotmail.com

Interior Features for 720 Salem Street

Other Interior Features

LivingAreaSourceAssessor

Air Conditioning Y/NNo

Basement (Y/N)No

Electric On Property Y/NNo

Fireplace Y/NNo

Heating Y/NNo

Laundry FeaturesCommonArea

Street SuffixStreet

Total Stories1

Other Rooms

Entry Level1

General for 720 Salem Street

Additional Parcels Y/NNo

Attached Garage No

Building Area UnitsSquareFeet

Carport Y/NNo

CityGlendale

CountyLos Angeles

Days on Market

DirectionsNear San Fernando Rd and Broadway

Electric Expense19020.0

Garage Y/NNo

HOA / Comm AssnNo

Home Warranty Y/NNo

Insurance Expense7536.0

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

Lot Size Square Feet15782.0

MLS Area628 - Glendale-South of 134 Fwy

MobileHomeRemainsYNNo

Net Operating Income173184.0

New ConstructionNo

Occupancy DescriptionTenant

Operating Expense57276.0

Private PoolNo

Property Attached Y/NNo

Property Sub Type AdditionalMultiFamily

Property SubTypeMultiFamily

Property TypeCommercialSale

Rent Control Y/NNo

Senior Community Y/NNo

Special Listing ConditionsStandard

Standard StatusActive

StatusActive

Street NameSalem

Total Units13

Trash Expense6720.0

View Y/NNo

Waterfront Y/NNo

Year Built1950

Exterior for 720 Salem Street

Building Area Total6680.0

Crops Included Y/NNo

Horse Y/NNo

Irrigation Water Rights Y/NNo

Lot FeaturesItem1620UnitsAcre, CornerLot

Lot Size Acres0.3623

Lot Size Area15782.0

Lot Size SourceAssessor

Lot Size UnitsSquareFeet

Open Parking Y/NNo

SpaNo

Water SourcePublic

Additional Details

Price History

First Team Client Services

Price $3,295,000

MLS#CV24045059

List Date 03/05/2024

Property Type Commercial

Phone 714.964.3311

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