858-525-5007

720 Salem, Glendale CA 91203 | $3,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 15782 Lot Sq Ft
  • Type:
  • Stories: 1
  • Year Built: 1950
  • MLS#: 25559697
  • Community: 628 - Glendale-South of 134 Fwy

Listing provided courtesy of Arash Salehpour of Tosti Incorporated. Last updated 2025-11-06 09:11:39.000000. Listing information © 2025 SANDICOR.

6.15% CAP Rate (updated rate after October increase) . 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% added to rent from starting October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.

More Details

0.36 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985