214 E Chevy Chase Drive Drive, Glendale, CA 91205
- 5 beds |
- 5 baths
Multi-Family Home
Built in ——
9,553sqft lot
—— car garage
$——/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Horace Mann Elementary School
501 E Acacia Ave, Glendale, CA, 91205
Grades PK-5
0.25 miles away
Theodore Roosevelt Middle School
222 E Acacia Ave, Glendale, CA, 91205
Grades 6-8
0.09 miles away
Daily (Allan F.) High (Continuation)
220 N Kenwood St, Glendale, CA, 91206
Grades 9-12
1.11 miles away


