4 months on rocket

419 Salem St, Glendale, CA, 91203

$1,890,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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419 Salem St, Glendale$1,890,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned, On Site
Year Built1950
ViewNone
MLS #GD24163389
Lot Size0.16 Acres
StatusActive

About 419 Salem St

LOCATION, LOCATION!!!! This is an exceptional opportunity for an investor or a buyer to own a "Owner Occupied" 4 Unit Multi-Family Building in City of Glendale, Glendale is and will most likely always be one of the highest demands, a self-incorporated City in L.A., EZ freeway access to everywhere, Glendale attracts great demand and dictates high rental rents. This is a wonderful starter investment in Glendale, Specious Four (4) unit building, The building consists of a Two spacious (Approximately 1100 SQFT, 2Bedroom, 1 Bath Units) and Two (Approximately 700 SQFT 1Bedroom, 1-bedroom Units) Buyer to verify!, Separately metered Units, Updated units with laminate flooring, newly painted building, The property offers 4-car carport spaces, One space for each unit. The property is located within within close proximity of the Americana at Brand and the recently remodeled Glendale Galleria shopping mall. “Property could be vacated in its entirely if required within 60 days after close of escrow” which could offer exceptional opportunities for an investor to rent the units at much higher rental rate with moderate upgrading of the units.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Phone: (818) 203-5471
  • Listing Agent: Vahik Beglarian

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Water Heater

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Assigned, On Site

Lot Features

Lot Information:

  • Lot: Sprinklers In Front
  • Lot Size: 0.16 Acres

Other

Directions Information:

  • Directions: North of Broadway, Between Central and Colombus Avenues.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,890,000

Tax Information:

  • Annual Amount: $9,936
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Glendale, CA.

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Glendale, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$717

Avg. Days On Market

29

# of Sold Homes

68

419 Salem St vs Glendale

131 DAYS ON ROCKET

+102 Days

$1,890,000

+$740K More

KEY TAKEAWAY

This property is $740K more than the Median Sold Price in Glendale, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24163389

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Phone: (818) 203-5471
  • Listing Agent: Vahik Beglarian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2016Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,936$874,913
2020$9,560$865,943
2019$9,357$848,965
2018$9,216$832,320
2017$9,216$816,000

History based on county public records data.

Payment Calculator

$9,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,733

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4433449
5
/10

  • Columbus Elementary School

  • 425 Milford St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-4433450
6
/10

  • Thomas Edison Elementary School

  • 435 S Pacific Ave

  • 0.64 miles

  • Public District Grades KG-6

school-card-donut-4433451
6
/10

  • R. D. White Elementary School

  • 744 E Doran St

  • 0.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,986. Typical income of Glendale, CA residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Glendale›91203›419 Salem St

This home is located at 419 Salem St in Glendale, CA and zip code 91203 in the Vineyard neighborhood. This home, which was built in 1950, sits on a 0.16 acre lot. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,890,000.

In November 2024 more than 31 listings in Glendale, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 27 were sold below. The number of listings in Glendale, CA decreased by 9.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 29 days, the median list price was $1,150,000.

From Rocket Homes Real Estate and based on county public records data.

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