- – beds
- – baths
- – sqft
- 15,782 sqft lot
- 1950 build
- – on site
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.
Last checked:
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Last updated Jul 1, 2025
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MLS# 25559697 —
The Building
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Year Built:1950
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New Construction:No
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Building Area Total:6680.00
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Total Number Of Units:16
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# of Buildings:1
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Architectural Style:Bungalow
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Stories Total:1
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Accessibility Features:None
Interior
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Levels:One
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Entry Location:Main Level
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Fireplace:No
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Fireplace:None
Location
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Directions:From the 134 Freeway, exit Brand Blvd and head north. Turn right on Salem Street. Property is located between Riverdale Dr and Milford St on the north side of the street.
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Latitude:34.14858300
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Longitude:-118.27084400
The Property
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Property Type:Residential Income
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Zoning:GLR4P*
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Lot Size Area:15782.0000
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Lot Size Acres:0.3623
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Lot Size SqFt:15782.00
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View:None
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5638006007
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Other
Appliances
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Appliances:None
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Included:No
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/1/25
Jul 1, 2025
|
Listed / Active | CRMLS_CA | $3,200,000 | |
1/30/25
Jan 30, 2025
|
Listed / Active | CRMLS_CA |