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$2,195,000

Beds
Unknown
sq ft
Unknown

544 Salem St, Glendale, CA 91203

544 Salem St

Glendale, CA 91203

  • 19 days on market
Prime Investment Opportunity in desirable Glendale neighborhood. Beautiful front house with meticulously maintained landscaping and great curb appeal with a duplex in the back. 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

Details

Property type

Lot size

6,937 sq ft

Price per sq ft

Unknown

Year built

1924

Price History

03/17/2025
CRMLS

CRMLS #P1-21298

Listed
$2,195,000

Schools & Community

Neighborhood: 

Vineyard

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,244,535
Asking price
$2,195,000
Closing costs (~8% of asking)
-$175,600
Est. remaining loan balance
-$774,865
Cash to seller
$1,244,535

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

October 2021

Original loan amount

$840,000

Est. remaining balance

$774,865

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Carol Maria Carruba and The Carol Maria Carruba Revocable Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/05/2025 at 5:15 AM

Listing updated: 03/17/2025 at 6:19 PM

Listed by: Kali Lamarine, LA Lux Property Management Inc Phone #: (818) 275-4809

MLS: CRMLS #P1-21298

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