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214 E Chevy Chase Drive Dr
For Sale $4,100,000
$4,100,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 9,554 Sq Ft
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 $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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,100,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 17 spots |
| Year Built | 1964 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5640014011 |
| MLS # | P124445 |
| Property ID | 322242590 |
| Lot Sqft | 9,554 |
| Zoning | Glr4yy |
| Total Units | 16 |
| Days on Market | 81 |
| Original List Price | $4,100,000 |
| Applicances | Gas Oven,Gas Range% |
| Date Updated | October 07, 2025 |
| Date Created | September 20, 2025 |
Listing Provided By
Melina Kalachian an agent of Keller Williams Realty. Lic #01877904
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 07, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT