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544 Salem St, Glendale, CA 91203

List Price: $1,995,000On Market FlagOn market
Mar 17, 20252,949 sqft6 beds0 baths
Listed by: Kali Lamarine
License #: 02027113
Phone #: (818) 275-4809
LA Lux Property Management Inc
Source:
CRMLS Logo
MLS #: P1-21298

Property Description

Prime Investment Opportunity in desirable Glendale neighborhood. Beautiful front house with meticulously maintained landscaping and great curb appeal with a duplex in the back. *Tenants in the Front House will vacate by end of July so Front House can be delivered vacant* Front house boasts 1141 SF has 2 bedrooms, 2 full bathrooms, a laundry room with washer and dryer and bonus room perfect for an office or 3rd bedroom. Rent: $3520. 2 side-by-side assigned parking spaces included. Has an oversized front porch, front yard with fruit trees and an enclosed patio space off of the laundry room. Unit A in the duplex has been recently renovated and boasts 904 SF on 2 levels with 2 bedrooms and 1.5 bathrooms. Rent: $2850. 2 assigned tandem parking spaces included and private enclosed patio space. Unit B in the duplex has been recently updated and boasts 904 SF on 2 levels with 2 bedrooms and 1.5 bathrooms. Rent: $2650. 1 assigned parking space included and private patio space. Duplex has a shared laundry room with washer and dryer. Close proximity to the Americana at Brand/Galleria and the Pacific Park Community Center Complex that includes a library, community center, gated play park, community pool, and baseball field. Recent Capital Improvement by Owner: 2018 - Front Building Foundation - $27,6002018- Landscaping1 $10,6382018 - Drainage around the Perimeter of the Front Building- $8,800.2018 - Duplex Window Replacement- $13,7662018 - Duplex New Clean Water Pipes- $10,3002018- Partial Floor Replacement in Duplex and Bungalow- $14,7502019- Front Building Roof Replacement -$20,8862019- Gutter Replacement in Duplex and Front Building- $3,9652019- Main Water Pipe -$18,4742022- Horizontal Pipe Replacement in the Crawl Space of the Front Building- $15,7122023- Front Building Exterior Renovation-$ 53,1112023- Unit A Renovation- $15,786
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$32,136

TurboHome Estimated Value

$2,068,700

$701 sqft

High Valuation
$2,172,135
$737/sqft
Normal Valuation
$2,068,700
$701/sqft
Low Valuation
$1,965,265
$666/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$701/sqft$2,068,700

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