$3,950,000

214 E Chevy Chase Drive Drive, Glendale, CA 91205

  • 5 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,553sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

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 $246,875/unit, $370.06/SF, 5.87% CAP and 11.64 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 Status:
Active
Date Added:
September 20, 2025
Data Last Updated:
April 2, 2026 at 7:13AM
Listing Office:
Keller Williams Realty : (626) 204-3300
Listing Agent:
Melina Kalachian : 818-522-1900
MLS ID:
P1-24445
  • A/C: Wall/Window
  • General: N/K
  • Pool: N/K
  • HOA Amenities: 0.0
  • Originating MLS: CRMLSF
  • County: Los Angeles
  • Zoning: Public Rec5640014011
  • Fencing: N/K
  • Source: CRMLSF

This listing courtesy of Melina Kalachian , Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Horace Mann Elementary School

501 E Acacia Ave, Glendale, CA, 91205

Grades PK-5

0.25 miles away

T

Theodore Roosevelt Middle School

222 E Acacia Ave, Glendale, CA, 91205

Grades 6-8

0.09 miles away

D

Daily (Allan F.) High (Continuation)

220 N Kenwood St, Glendale, CA, 91206

Grades 9-12

1.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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