Property Details
About this Property
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.
MLS Listing Information
MLS #
CRP1-24445
MLS Source
California Regional MLS
Days on Site
28
Interior Features
Appliances
Oven - Gas, Oven Range - Gas
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Other, Garage: 17 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Melina Kalachian
Keller Williams Realty
License #: 01877904
Phone: (818) 522-1900
Co-Listing Agent
Vince Kalachian
License #: 01172350
Phone: (818) 631-8855
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 16 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
214 E Chevy Chase Drive Dr is a Residential Income in Glendale, CA 91205. This – square foot property sits on a 9,554 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,100,000 and was built in 1964. This address can also be written as 214 E Chevy Chase Drive Dr, Glendale, CA 91205.
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This listing information is up-to-date as of October 07, 2025. For the most current information, please contact Melina Kalachian, (818) 522-1900
