720 Salem Street Glendale, CA ^$ 3,200,000

720 Salem Street

^$ 3,200,000

Back to search

720 Salem Street

Glendale, CA, 91203

^$ 3,200,000

Bedrooms16 Baths4.0 Sq 6,680

Monthly Estimate*

^$ 19,964

Listed by Tosti Incorporated

720 Salem Street, Glendale, CA 91203 - Image 1

720 Salem Street, Glendale, CA 91203 - Image 2

720 Salem Street, Glendale, CA 91203 - Image 3

720 Salem Street, Glendale, CA 91203 - Image 4

720 Salem Street, Glendale, CA 91203 - Image 5

720 Salem Street, Glendale, CA 91203 - Image 6

View a Virtual Tour

Multi-Family Home for sale in Glendale, CA

for $3,200,000 with 16 bedrooms and 4 full baths. This 6,680 square foot home was built in 1950 on a lot size of 0.3623.

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.

Multi-Family Active

Price

^$ 3,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3623

Year Built

1950

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

25559697

Days on Market

175

Features

General

Living Area 6680

Sewer Other

Heating Wall Furnace

Zoning GLR4P*

Patio/Porch Features None

Architectural Style Bungalow

Pool Features None

Pets Allowed No

Year Built 1950

Tenant Pays Electricity Gas

View None

Stories Count 1

Levels One

Gross Income 278112

Accessibility None

County Los Angeles

Net Operating Income 196428

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

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.

City Glendale

Entry Location Main Level

Senior Community Y/N false

Number Of Units Total 16

MLS Area 628 - Glendale-South of 134 Fwy

Lot Size Units Square Feet

Lot Size Square Feet 15782

Spa Features None

Land Lease Y/N false

Electric Expense 13200

Trash Expense 5244

Rent Control Y/N false

Standard Status Active

Taxes 38400

Cap Rate 6.14

Interior

Fireplace Features None

Total Stories 1

Heating Y/N true

Fireplace Y/N false

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 16

Total Baths 16

Exterior

Parking Features On Street

Total Parking 0

Lot Size Area 15782

Number of Buildings 1

Spa false

Building Area Total 6680

Lot Size Acres 0.3623

Private Pool false

* Excluded Features

List By

Tosti Incorporated

Broker

arashsaleh798@gmail.com

Affordability Calculator

$19,964

Per Month

Monthly Principal & Interest: $19,964
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Glendale, CA

Average List Price ^$3,721,623

Percent of Sale Price 16%

About Glendale, CA

199,017 Population

2% Since 2002

^$61,015 Median Income

42.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$3,200,000		Listed Price

Map

More homes like this one

homes for you

See all

720 Salem Street, Glendale, CA, 91203 is a Multi-Family Home for sale at $3,200,000 with 6,680 sqft and a lot size of 0.3623. 720 Salem Street has 16 bedrooms, 4.0 baths, and was built in 1950. The property's zip code is 91203 which is in Glendale, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

720 Salem Street

Multi-Family Home for sale in Glendale, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home