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214 E Chevy Chase Drive Dr

glendale, CA 91205

US$3,950,000

    Interested? Let's Connect

    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.

    Details

    10,674 Sq Ft

    0.2193 Private Acres Lot Size

    apartment

    Built in 1964

    MLS/Listing ID P1-24445

    16 Units

    Amenities & Features

    Parking - Assigned

    Parking - Covered

    Lot - Front Yard

    Common Area

    Heating - Wall Furnace

    Cooling - Wall/window unit(s)

    Community - Sidewalks

    Gas Oven

    Gas Range

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

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    Interested In 214 E Chevy Chase Drive Dr?