New

$1,550,000

For Sale

12 hours ago

638 Salem St, Glendale, CA

Name: 638 Salem St, For Sale in Glendale - eXp Realty
Brand: Lion Group Investments Inc
SKU: GD26132487
Price: 1550000 USD

House

MLS® GD26132487

0 Bed

0 Bath

3 Parking

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage Yes

Taxes

Days Active 0

Lot Size 0.1612 Acres

Approx. Age 1949

MLS® Number GD26132487

Property Address: 638 Salem St, Glendale, CA, 91203

Average square foot calculated using Size range provided by listing agent.

Description

This well-maintained four-unit property presents an exceptional investment opportunity with stable rental income and significant upside potential. Ideally located in the highly desirable South Glendale neighborhood, just minutes from the Glendale Galleria and The Americana, this income-producing property offers immediate cash flow with the possibility for future rental growth and potential ADU development (buyer to verify).The property currently generates approximately$9, 180per month in rental income and offers flexibility for both investors and owner-users. The front residence is a charming 2-bedroom, 1-bathroom home featuring approximately 994 square feet of living space. Amenities include central heating and air conditioning, in-unit laundry, a covered front porch and a detached garage. Situated behind the main house are three additional rental units, thoughtfully designed with detached walls to enhance privacy and minimize noise. Residents enjoy access to private and shared outdoor spaces, including small backyard areas.Unit A: A 302-square-foot studio with easy street parking available. Unit B: A 624-square-foot two-bedroom, one-bath unit with ample space for outdoor seating and two tandem parking spots on the driveway. Unit C: A 458-square-foot one-bedroom, one-bath unit, with a private patio for outdoor seating and easy street parking available. The back units share access to coin-operated communal washing machine and dryer. IMPROVEMENTS: Main House: New washing machine (2017) and new dishwasher (2017). Unit A: New water heater, new refrigerator, new stove/oven, and new wall air conditioning unit. Unit B: New water heater (2024) and upgraded kitchen countertop/cabinets (2017). Unit C: New water heater, new central air conditioning, new stove/oven, and new bathroom vanity. Common Area: New water heater for laundry area, new metal gate, three nest cameras for added surveillance and plants. With its unbeatable location, privacy-focused layout, outdoor spaces, ample parking options, and potential for rent increases, this property is perfect for investors looking to capitalize on the growing demand in the Glendale area. With its outstanding location, privacy-oriented layout, ample parking, outdoor spaces, and potential for future rental increases, this property is an excellent opportunity for investors seeking long-term growth in one of Glendale’s most desirable neighborhoods. Contact the listing agent for profit and loss Pleasedon'tdisturbthe tenants.

MLS® NumberGD26132487

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1949

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 18, 2026List Date

$1,550,000List Price

Commute

Commute

Starting Address

Destination Address

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