$2,700,000

Multi Family Home

  • 5,974 Sqft
  • 6,970 Sqft lot
  • Updated: October 24
  • MLS#BB26229723

About the Property

Presenting an exceptional investment opportunity in one of Glendale’s most desirable rental submarkets. Built in 1985, this well-maintained 8-unit apartment complex offers a highly functional unit mix designed for strong tenant demand and steady rental income. Property highlights comprise of four (4) spacious 2-bedroom/2-bathroom units and four (4) 1-bedroom/1-bathroom units, appealing to a wide r
Presenting an exceptional investment opportunity in one of Glendale’s most desirable rental submarkets. Built in 1985, this well-maintained 8-unit apartment complex offers a highly functional unit mix designed for strong tenant demand and steady rental income. Property highlights comprise of four (4) spacious 2-bedroom/2-bathroom units and four (4) 1-bedroom/1-bathroom units, appealing to a wide range of prospective renters. Capital Improvements include upgraded new silicone cool roof, enhancing energy efficiency and long-term durability. On-Site amenities feature a community washer and dryer facility providing convenient additional income.
Parking advantages highlighted by an impressive 13 parking spaces available on-site—a rare and highly coveted feature in this prime rental area.
All tenants are currently on month-to-month agreements, offering tremendous flexibility and upside potential for investors.
Situated in a high-demand rental pocket, the property is just moments away from premier shopping, dining, and entertainment, including close proximity to the Americana at Brand and local dining districts.
…
  • Property type

    House

  • Year built

    1985

  • Price/sqft

    $451

Features

  • Investment Property
  • Washer Dryer
  • Parking

Explore the Area

809 E Chestnut Street, Glendale, CA 91205, California, United States View on Google Maps
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Better Homes and Gardens Real Estate Town Center

Joined 5 years ago
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Better Homes and Gardens Real Estate Town Center
California, United States
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2
Listings
2022
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Better Homes and Gardens Real Estate Town Center
Burbank, California, United States
View agency profile
Last updated
October 24
First listed
October 24
Listing reference
95hxwy
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