544 Salem St Glendale, CA 91203
Vineyard NeighborhoodEstimated payment $11,904/month
Highlights
- No Units Above
- Wood Flooring
- Laundry Room
- Herbert Hoover High School Rated A-
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
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
Listing Agent
LA Lux Property Management Inc Brokerage Phone: (818) 275-4809 License #02027113 Listed on: 03/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,300
Year Built
- Built in 1924
Lot Details
- 6,937 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- 1 Common Wall
Home Design
- Property Attached
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 5 Parking Spaces
- Parking Available
- Driveway
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Wood Flooring
- Laundry Room
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 5638005057
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- Gardener Expense $5,690
- Insurance Expense $1,989
- Pest Control $255
- Professional Management Expense $4,355
- Water Sewer Expense $2,540
- Security Expense $1,197
- New Taxes Expense $15,169
- Operating Expense $31,375
- Gross Income $108,240
- Net Operating Income $76,865
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,300 | $1,399,525 | $910,261 | $489,264 |
| 2024 | $15,300 | $1,372,084 | $892,413 | $479,671 |
| 2023 | $14,953 | $1,345,181 | $874,915 | $470,266 |
| 2022 | $14,695 | $1,318,806 | $857,760 | $461,046 |
| 2021 | $14,441 | $1,292,948 | $840,942 | $452,006 |
| 2020 | $9,565 | $1,279,692 | $832,320 | $447,372 |
| 2019 | $13,889 | $1,254,600 | $816,000 | $438,600 |
| 2018 | $11,990 | $1,080,000 | $650,000 | $430,000 |
| 2016 | $6,760 | $605,606 | $440,444 | $165,162 |
| 2015 | $6,624 | $596,511 | $433,829 | $162,682 |
| 2014 | $6,581 | $584,827 | $425,331 | $159,496 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Price Changed | $1,995,000 | -9.1% | -- |
| 03/17/2025 03/17/25 | For Sale | $2,195,000 | 0.0% | -- |
| 05/22/2023 05/22/23 | Rented | $3,520 | +0.7% | -- |
| 05/09/2023 05/09/23 | For Rent | $3,495 | +31.9% | -- |
| 05/31/2020 05/31/20 | Rented | $2,650 | 0.0% | -- |
| 05/31/2020 05/31/20 | For Rent | $2,650 | 0.0% | -- |
| 04/25/2019 04/25/19 | Rented | $2,650 | 0.0% | -- |
| 04/05/2019 04/05/19 | For Rent | $2,650 | 0.0% | -- |
| 06/21/2018 06/21/18 | Rented | $2,650 | 0.0% | -- |
| 06/11/2018 06/11/18 | Price Changed | $2,650 | -7.0% | $2 / Sq Ft |
| 05/24/2018 05/24/18 | Price Changed | $2,850 | -4.8% | $2 / Sq Ft |
| 05/06/2018 05/06/18 | For Rent | $2,995 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $570,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $495,000 | First Southwestern Title | |
| Gift Deed | -- | First American | |
| Gift Deed | -- | -- | |
| Individual Deed | $305,000 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $840,000 | New Conventional | |
| Closed | $714,000 | No Value Available | |
| Closed | $714,000 | New Conventional | |
| Closed | $723,000 | New Conventional | |
| Closed | $581,000 | New Conventional | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $288,000 | No Value Available | |
| Previous Owner | $274,195 | No Value Available |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-21298
APN: 5638-005-057
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