Glendale, CA 91203,647 Salem ST
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Glendale, CA 91203,647 Salem ST
Glendale, CA 91203,647 Salem ST
Glendale, CA 91203,647 Salem ST

$2,000,000

Est. payment /mo

$2,000,000

Est.Price: ?

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647 Salem ST Glendale, CA 91203

7,021 Sqft Lot

SOLD DATE : 10/31/2022

Key Details

Sold Price $2,000,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD22197509

Sold Date 10/31/22

HOA Y/N No

Year Built 1961

Lot Size 7,021 Sqft

Property Description

We are proud to offer 647 SALEM ST. The property is 6 units all one bedroom, one bath with 6 parking space in the back. Ownership has been maintaining this property for the last 30+ years with long tenancy. This suburban neighborhood is centrally located in heart of
Glendale's rental area and is convenient to some of Los Angeles’ most popular destinations including Griffith Park, Burbank, and Downtown Los Angeles. Highway 134 allows residents to travel across Los Angeles County with ease. Neighborhood provides residents with plenty of amenities and is
directly adjacent to Downtown Glendale, giving residents easy access to restaurants and stores, including Glendale Galleria and The Americana. Buyer has opportunity to increase the rents, with the possibility to build a ADU on top of the garages. Seller will not accept all cash offer. Seller needs to
carry the whole financing at reasonable and competitive rates for 10 years with about 25% down payment. Buyer will have a better cash flow and will have enough time to increase the rents. SUBMIT ALL OFFERS WITH VOD AND BUYER FINANCIAL.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Fireplace No

Laundry Laundry Room

Exterior

Total Parking Spaces 6

Building

Lot Description Level, Rectangular Lot, Street Level

Water Public

Others

Tax ID 5638019015

Acceptable Financing Owner Will Carry

Listing Terms Owner Will Carry

Financing Seller Financing

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Arthur Mangassarian • Re/Max Tri-City Realty
Bought with Arthur Mangassarian • Re/Max Tri-City Realty

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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