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348 Salem St
Glendale, CA 91203
350 AT SALEM · Multifamily Property For Sale · 7 Units

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 16,220 SF
Average Occupancy 100%
No. Stories 3
Year Built 1910
Zoning R4

About 348 SALEM ST , GLENDALE, CA 91203

As exclusive listing agents, the Alexanian Apartment Advisors are pleased to introduce to you this rare development opportunity in Glendale, CA. 350 at Salem is entitled to build 12 condominiums, just 1 block to Galleria and Americana at Brand. The project is near permit ready, final plans submitted for plan check and building permits will be ready soon. 350 at Salem is programmed with a great unit mix of (8) 2+2.5 and (4) 3+2 units. The project marries two vital needs in today's discerning buyer, walk ability and luxury finishes. Each unit will have a minimum of 40 SF of private open space, in addition to the common open space at the read of the property and within the two roof-top deck areas. The existing site combines two adjacent parcel that will make way to construct the 16,220 square-foot, three story project. A walker's paradise of 91! Salem is situated in an amenity rich neighborhood. * Email for complete offering memorandum * * Email for complete offering memorandum * * Email for complete offering memorandum *

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - -
1+1 1 - -
2+1 2 - -
2+2 1 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5637-008-010
  • 5637-008-011
Land Assessment
$2,560,111
Improvements Assessment
$3,107,499
Total Assessment
$5,667,610
  • Listing ID: 11307009

  • Date on Market: 1/19/2018

  • Last Updated:

  • Address: 348 Salem St, Glendale, CA 91203

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