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    405 Salem St

    Glendale, CA 91203
    • $2,500,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 20-627432
    UPDATED: 72 min ago
    $2,500,000
    • 5
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,112
      SQFT
    • $409
      $/SQFT
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    405 Salem Street, a five unit building in a prime Glendale location. The property sits between Pacific and Central, just three blocks from the Glendale Galleria & The Americana at Brand.Built in 1970, the property consists of four, two-bedroom & two-bathroom units which are approximately 1,078 sqft, as well as one three-bedroom & two-and-a half-bathroom townhouse, which is approximately 1,800 sqft. Three of the five units have recently been renovated with new carpet, railings, doors, and appliances. Four of the units have brand new HVAC, the townhouse has central heat and air. The property also features on-site laundry, as well as seven covered parking spaces. Four of the five units are occupied, the townhouse is available for rent, or for the buyer to live in.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T12:42:41.837. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109639860
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    405 Salem St Glendale, CA 91203

    • Price: $2,500,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 20-627432
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    6,112
    SQFT
    $409
    $/SQFT
    1970
    Built
    Neighborhood:
    Glendale-South Of 134 Fwy
    County:
    Los Angeles
    Area:
    Glendale-South Of 134 Fwy
    Property Description
    405 Salem Street, a five unit building in a prime Glendale location. The property sits between Pacific and Central, just three blocks from the Glendale Galleria & The Americana at Brand.Built in 1970, the property consists of four, two-bedroom & two-bathroom units which are approximately 1,078 sqft, as well as one three-bedroom & two-and-a half-bathroom townhouse, which is approximately 1,800 sqft. Three of the five units have recently been renovated with new carpet, railings, doors, and appliances. Four of the units have brand new HVAC, the townhouse has central heat and air. The property also features on-site laundry, as well as seven covered parking spaces. Four of the five units are occupied, the townhouse is available for rent, or for the buyer to live in.
    Exterior Features

    Lot Size Area 6804 Other Structures Other Parking Garage Covered Parking Total Parking 7

    Interior Features

    Baths Total 11.00 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 128472 Gross Operating Income 122048 Like Units1 4 Like Units2 1 Net Operating Income 72957.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 49092 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Glr4yy

    Listing provided courtesy of Daniel Withers DRE#01325901 of Matthews Real Estate Investment Services.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-18T12:42:41.837. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    27720 Dickason Drive
    Valencia CA, 91355