638 Salem Street, Glendale, CA 91203
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
638 Salem Street,Glendale, CA 91203
$1,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christina karapetyan
Office: lion group investments inc
MLS#:GD26132487
Source:MLSListings
Price summary
- Price:$1,550,000
About this home
Opportunity for owner-user. Seller is willing to assist with tenants relocation to deliver vacant at close of escrow.This well-maintained four-unit property presents an exceptional investment opportunity with stable rental income and significant upside potential. Ideally located in the highly desirable South Glendale neighborhood, just minutes from the Glendale Galleria and The Americana, this income-producing property offers immediate cash flow with the possibility for future rental growth and potential ADU development (buyer to verify).The property currently generates approximately$9,180per month in rental income and offers flexibility for both investors and owner-users. The front residence is a charming 2-bedroom, 1-bathroom home featuring approximately 994 square feet of living space. Amenities include central heating and air conditioning, in-unit laundry, a covered front porch and a detached garage. Situated behind the main house are three additional rental units, thoughtfully designed with detached walls to enhance privacy and minimize noise. Residents enjoy access to private and shared outdoor spaces, including small backyard areas.Unit A: A 302-square-foot studio with easy street parking available. Unit B: A 624-square-foot two-bedroom, one-bath unit with ample space for...
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Home facts
- Year built:1949
- Listing ID #:GD26132487
- Added:90 day(s) ago
- Updated:September 15, 2026 at 04:17 PM
Structure and exterior
- Year built:1949
- Lot area:0.16 Acres
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,550,000
Features and amenities
- Laundry features:Laundry Area
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