CA > Glendale
Glendale, CA 91203,720 Salem St
Glendale, CA 91203,720 Salem St
Glendale, CA 91203,720 Salem St
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$3,200,000
Est. payment /mo
16 Beds
16 Baths
6,680 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,680 sqft

Price per Sqft $479

MLS Listing ID 25559697

Style Bungalow

Bedrooms 16

Year Built 1950

Lot Size 0.362 Acres

Acres 0.3623

Property Sub-Type Multi-Family

Property Description

6.3% CAP Rate. 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% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning GLR4P*

Rooms

Other Rooms None

Interior

Interior Features None

Heating Wall

Cooling Window Unit(s)

Fireplaces Type None

Equipment None

Laundry Laundry Area

Exterior

Parking Features On street

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Handicap Access None

Building

Story 1

Foundation None

Sewer In Street

Water Public

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

Pets Allowed No

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Tosti Incorporated

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Kirshner Elkin Properties

+1(424) 214-0133

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