720 Salem ST
Glendale, CA, 91203
$3,200,000
16 Beds
16 Baths
6,680 SqFt
0.36 Acres
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MLS #25559697 image #0MLS #25559697 image #1MLS #25559697 image #2MLS #25559697 image #3MLS #25559697 image #4MLS #25559697 image #5
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.

Property Details

Price:
$3,200,000
MLS #:
25559697
Status:
Pending
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
628glendalesouthof134fwy
Listed Date:
Dec 28, 2025
Finished Sq Ft:
6,680
Total Sq Ft:
6,680
Lot Size:
15,782 sqft / 0.36 acres (approx)
Year Built:
1950
Bungalow628 – Glendale-south Of 134 Fwy628glendalesouthof134fwyNone

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Schools

Interior

Appliances
NO
Heating
WL

Exterior

Architectural Style
BNG

Financial

Gross Operating Income
$258,123
Net Operating Income
$196,428

Map

Community

Subdivisions in Glendale

Market Summary

Current real estate data for Single Family in Glendale as of Dec 31, 2025
129
Single Family Listed
44
Avg DOM
281
Avg $ / SqFt
$754,033
Avg List Price

Property Summary

    720 Salem ST Glendale CA is a Single Family for sale in Glendale, CA, 91203. It is listed for $3,200,000 and features 16 beds, 16 baths, and has approximately 6,680 square feet of living space, and was originally constructed in 1950. The current price per square foot is $479. The average price per square foot for Single Family listings in Glendale is $281. The average listing price for Single Family in Glendale is $754,033.

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broker reciprocity Courtesy of Tosti Incorporated. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
Rover IDX
720 Salem ST
Glendale, CA