$3,200,000
720 Salem ST
Glendale, CA, 91203
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
Schools
Interior
Appliances
NO
Heating
WL
Exterior
Architectural Style
BNG
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Glendale as of Feb 13, 2026
244
Single Family Listed
54
Avg DOM
269
Avg $ / SqFt
$768,562
Avg List Price
Community
- Address720 Salem ST Glendale CA
- CityGlendale
- CountyLos Angeles
- Zip Code91203
Similar Listings Nearby
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 $269. The average listing price for Single Family in Glendale is $768,562. To schedule a showing of MLS#25559697 at 720 Salem ST in Glendale, CA, contact your James Outland agent at 8057482262.
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 James Outland include the name of the listing broker. Neither the listing company nor James Outland 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 2026. California Regional Multiple Listing Service. All rights reserved. 720 Salem ST
Glendale, CA