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(323) 864-4211
Linda Roth Burrell
720 Salem St, Glendale, CA 91203
- $3,200,000
- 16
- BD
- 16
- BA
- 6,680
- SqFt
- Sold Price
- $3,200,000
- List Price
- $3,200,000
- Closing Date
- Feb 18, 2026
- MLS#
- 25559697
- Year Built
- 1950
- Bedrooms
- 16
- Bathrooms
- 16
- Living Sq. Ft
- 6,680
- Lot Size
- 15,782
- Lot Location
- None
- Days on Market
- 170
- Property Type
- Multifamily
- Style
- Bungalow
- Stories
- 1
Property Description
6.15% CAP Rate (updated rate after October increase) . 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% added to rent from starting October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.
Additional Information
- Association Amenities
- None
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Window Unit(s)
- View
- None
- Number of Cars in Garage
- On street
- Water
- Public
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Courtesy of Tosti Incorporated, Arash Salehpour - CA DRE#02213984 Selling Office: .
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