- 8 Beds
- 8 Baths
- .22 Acres
- 14 DOM
214 Chevy Chase Drive Drive
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.
Essential Information
- MLS® #P1-24445
- Price$4,100,000
- Bedrooms8
- Bathrooms8.00
- Acres0.22
- Year Built1964
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address214 Chevy Chase Drive Drive
- SubdivisionNot Applicable
- CityGlendale
- CountyLos Angeles
- Zip Code91205
Area
628 - Glendale-South of 134 Fwy
Amenities
- Parking Spaces17
- ParkingAssigned, Covered, See Remarks
- # of Garages17
- GaragesAssigned, Covered, See Remarks
- ViewNone
- PoolNone
Interior
- AppliancesGas Oven, Gas Range
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- FireplacesNone
- # of Stories2
Exterior
- Lot DescriptionFront Yard
Additional Information
- Date ListedSeptember 20th, 2025
- Days on Market14
- ZoningGlr4yy
Listing Details
- AgentMelina Kalachian
- OfficeKeller Williams Realty
Melina Kalachian, Keller Williams Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of October 21st, 2025 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.