logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
14 Photos
icon
icon icon
638 Salem Street
USD 1,749,000
Property ID: GD25003773
icon
638 Salem Street ,91203
icon --
icon 7020 SqFt
icon Built in 1949
icon USD 249/SqFt
icon 0 Bed
icon 0 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2314
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1949
See more icon
Detailed Introduction Of This Home
Prime Investment Opportunity: Four-Unit Fully Occupied Property in Desirable Glendale Neighborhood This four-plex presents an outstanding investment opportunity with stable tenants and substantial potential for rental income growth. Located in the sought-after Glendale area, just minutes from the Glendale Galleria and The Americana, this rare property offers immediate returns with the possibility for future rent adjustments. Total rental income is $8,840. Live in the front unit and rent out the back 3 units for $6,090. MAIN HOUSE: The charming front house is a two-bedroom, one-bathroom residence, offering approximately 994 square feet of living space. It features modern conveniences such as central heating, air conditioning, in-unit laundry, a covered porch, and an attached garage. This combination of amenities makes it an attractive option for tenants seeking comfort and convenience. Total rental income is $2,750. BACK UNITS: Behind the Main House, there are three additional units, each with detached walls for enhanced privacy and reduced noise. Total rental income for the back units is $6,090: 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 outdoor seating and two tandem parking spots on the driveway. Unit C: A 458-square-foot one-bedroom, one-bath unit, with a private patio for outdoor seating and easy street parking available. The back units share access to coin-operated communal washing machine and dryer. IMPROVEMENTS: Main House: New washing machine (2017) and new dishwasher (2017). Unit A: New water heater, new refrigerator, new stove/oven, and new wall air conditioning unit. Unit B: New water heater (2024) and upgraded kitchen countertop/cabinets (2017). Unit C: New water heater, new central air conditioning, new stove/oven, and new bathroom vanity. Common Area: New water heater for laundry area, new metal gate, three nest cameras for added surveillance and plants. With its unbeatable location, privacy-focused layout, outdoor spaces, ample parking options, and potential for rent increases, this property is perfect for investors looking to capitalize on the growing demand in the Glendale area. See the attached Profit and Loss.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
181 Mountain Court
181 Mountain Court
icon 181 Mountain Court
1515 SqFt  / 3 Beds  / 2 Full Bas
USD 700,000
8751 Gentle Wind Drive
8751 Gentle Wind Drive
icon 8751 Gentle Wind Drive
7405 SqFt  / 4 Beds  / 3 Full Bas
USD 960,000
843 E 98th Street
843 E 98th Street
icon 843 E 98th Street
4802 SqFt  / 6 Beds  / 4 Full Bas
USD 679,999
3325 Sagewood Hills Road
3325 Sagewood Hills Road
icon 3325 Sagewood Hills Road
52708 SqFt  / 4 Beds  / 5 Full Bas
USD 2,845,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 14
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (14)
icon
icon
banner
638 Salem Street
USD 1,749,000 0 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder