Listing provided courtesy of Melina Kalachian of Keller Williams Realty. Last updated 2025-10-14 08:11:57.000000. Listing information © 2025 CLAW.
Asking Price: $4,100,000
214 Chevy Chase Drive, Glendale CA 91205
Community: 628 - Glendale-South of 134 Fwy
This Apartment property was built in 1964 and is priced at $4,100,000. Please see the additional details below.
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.