638 Salem Street, Glendale, CA 91203 - Photo 1 of 4, Glendale, CA
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$1,550,000

638 Salem Street, Glendale, CA 91203

Lion Group Investments Inc
MLS® GD26132487
5Beds
4Baths
0
1Days Listed

About This Property

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

Christina KarapetyanLion Group Investments Inc818-434-4040MLS® GD26132487

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
5
Bathrooms
4
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
1
Cumulative Days on Market
1
Original Price
$1,550,000
MLS® Number
GD26132487

Location & Neighborhood

What's nearby 638 Salem Street, Glendale, CA 91203

Nearby Schools

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POI data updated 7/19/2026

Glendale Market Snapshot

347

Active Listings

$275K

Median Price

47

Avg Days on Market

Last updated: Jun 18, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information 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.

$1,550,000