




1 / 4
$1,550,000
638 Salem Street, Glendale, CA 91203
Lion Group Investments Inc
MLS® GD26132487
5Beds
4Baths
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
- Columbus Elementary School0.5 mi
elementary
Parks & Recreation
- 0.3 mi
- 0.5 mi
Transit Access
- Broadway & Concord0.2 mi
Bus Stop
- Broadway & San Fernando0.2 mi
Bus Stop
- Pacific & Wilson0.2 mi
Bus Stop
- San Fernando & Broadway0.2 mi
Bus Stop
- Pacific & California0.2 mi
Bus Stop
Local Amenities
Grocery
- Corner Market0.3 mi
Dining
- Lucky 7 Pizza0.3 mi
- Panini Kabob Grill0.6 mi
Coffee & Cafes
- Starbucks0.6 mi
- Ideology Coffee0.6 mi
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