Glendale, CA 91205,214 E Chevy Chase Drive Drive
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Glendale, CA 91205,214 E Chevy Chase Drive Drive
Glendale, CA 91205,214 E Chevy Chase Drive Drive
Glendale, CA 91205,214 E Chevy Chase Drive Drive
Glendale, CA 91205,214 E Chevy Chase Drive Drive
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$ 3,950,000
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Price Dropped by $150K

214 E Chevy Chase Drive Drive Glendale, CA 91205

5 Beds

5 Baths

9,554 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-24445

Bedrooms 5

Lot Size 9,554 Sqft

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction On E Chevy Chase Dr between Glendale Ave. and Brand Blvd.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5640014011


MLS Router / San Diego MLS
Listed by Melina Kalachian Keller Williams Realty
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Horace Mann Elementary School

    Public | PK - 5

  • 9

    R. D. White Elementary School

    Public | KG - 5

  • 9

    Delevan Drive Elementary

    Public | KG - 6

  • 9

    Eagle Rock Elementary & Magnet Center

    Public | KG - 6

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Mark Keppel Elementary School

    Public | KG - 5

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 7

    Benjamin Franklin Elementary School

    Public | KG - 6

  • 7

    Celerity Octavia Charter

    Public | KG - 8

  • 7

    John Marshall Elementary School

    Public | KG - 5

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 7

    Verdugo Woodlands Elementary School

    Public | KG - 6

  • 7

    Mt. Washington Elementary School

    Public | KG - 6

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 6

    John Muir Elementary School

    Public | KG - 6

  • 6

    Glenoaks Elementary School

    Public | KG - 6

Middle Schools 9
  • 8

    Woodrow Wilson Middle School

    Public | 6 - 8

  • 7

    Eleanor J. Toll Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 6

    Theodore Roosevelt Middle School

    Public | 6 - 8

  • 6

    Irving STEAM Magnet

    Public | 6 - 8

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 5

    Florence Nightingale Middle School

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 0

    Jewel City Community Day

    Public | 7 - 10

High Schools 12
  • 8

    John Marshall High School

    Public | 9 - 12

  • 8

    Alliance Environmental Science and Technology High School

    Public | 9 - 12

  • 7

    Herbert Hoover High School

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 6

    Glendale High School

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 4

    Los Angeles River High School

    Public | 9 - 12

  • 3

    School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

    Public | 9 - 12

  • 0

    Canyon Oaks School

    Private | 10 - 12

  • 0

    Holy Family High School College Preparatory

    Private | 9 - 12

  • 0

    Daily (Allan F.) High (Continuation)

    Public | 9 - 12

  • 0

    Artlab at Sonia Sotomayor Learning Academics

    Public | 9 - 12

School and business data provided by Attom Data.
Ruben Rodriguez

Ruben Rodriguez

Real Estate Advisor | License ID: 01337209

+1(619) 261-9814

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214 E Chevy Chase Drive Drive