647 Salem Street

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. Read More