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$3,200,000
14 Days On Site

720 Salem Street
Glendale, CA 91203

For Sale|Multi Family|Active
16
Beds
16
Total Baths
6,680
SqFt
$479
/SqFt
1950
Built
County:
Los Angeles
720 Salem Street720 Salem Street720 Salem Street720 Salem Street
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Monthly Payment (Est.)

$14,600
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6.3% CAP Rate. 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% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
14 Days
Bedrooms 
16
Inside Area (SqFt) 
6,680 sqft
Total Baths 
16
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3623 Acres
Year Built 
1950
MLS® Number 
25559697
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.3623
Number Of Stories 
1
Parking 
On Street
Pets 
No
Property Sub Type 
Multi Family
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
6680
Stories 
One
Style 
Bungalow
Zoning 
GLR4P*
Interior Features
Fireplace Features 
None
Heating 
Wall Furnace
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Exterior Features
Patio And Porch 
None
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
Main Level
MLS Area 
628 - Glendale-South of 134 Fwy
Listing courtesy of Arash Salehpour of Tosti Incorporated

Based on information from the The MLS as of 2025-07-16 02:54 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
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