Teresa Garcia
Teresa Garcia, Ana Connell Real EstatePhone: (818) 219-2060
Email: [email protected]

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listing
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Single FamilyFor Sale
$1,749,000
638 Salem Street
Glendale, CA 91203
Listed by: Christina Karapetyan from Lion Group Investments Inc, 818-434-4040
MLS: Bay East Contra Costa (BECCAR)
2,314Sq Ft
Est. Mortgage
$9,128/mo

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

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Information courtesy of Lion Group Investments Inc is subject to verification and is not guaranteed.
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