214 E Chevy Chase Drive Dr

Glendale, CA 91205
  • $4,100,000

    Price
  • 8

    Bed
  • 8

    Bath
  • 10,674

    SqFt

About the Listing PF5630 - P21534,P21535

We are pleased to present a great opportunity to purchase 16 units multifamily investment property in Glendale. Built in 1964, the property consists of great mix of (14) 1+1 and (2) 2+1.5 units, totaling approximately 10,674 sqft building size, situated on a 9,582 sqft lot. Priced at only $256,250/unit, $384/SF, 5.61% CAP and 12.08 GRM with current rents and 20% rental upside. Each unit is separately metered for gas and electricity, minimizing owner utility expenses. Additional amenities include 2 central water heaters, on-site laundry and 17 tenant storage cabinets. The property also provides 17 parking spaces, two of which have been converted into large owner's storage. Located minutes to The Americana on Brand and Downtown Glendale, in a great income-producing location.

Listing Highlights for 214 E Chevy Chase Drive Dr

Status Active
Days on Site 18
Property Type Multi-Family
MLS ® P1-24445
Year Built 1964
Total Square Footage 10,674
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 8
  • Bathrooms: 8 Full
  • Appliances: Gas Oven, Gas Range
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,No Land Lease
  • Garage Capacity: 17 car
  • Parking Spaces: 17
  • Zoning: Glr4yy
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Covered,See Remarks

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5640014011
  • Tax Year: N/A

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214 E Chevy Chase Drive Dr Glendale, CA 91205

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Originating MLS: CA_CRISNET

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