Active

214 E Chevy Chase Dr

Glendale CA, 91205

$4,400,000


$412.22 per sqft

Active

18 Beds

16 Baths

10,674 sqft

Multi-family

Built in 1964

We are pleased to present Chevy Chase Manor, a sixteen unit multifamily investment opportunity located in the Tropico neighborhood of South Glendale. This well-maintained asset will provide the next investor with roughly 36% in rental upside that can be captured through the implementation of an interior and exterior renovation program. Constructed in 1964, Chevy Chase Manor comprises fourteen one bedroom/one-bathroom units and two two-bedroom/one-and-half bathroom units. Sitting on a 9,582 square foot lot, this 10,674 square foot building boasts average unit sizes of roughly 667 square feet. All units have separate meters for gas and electricity. There is on-site laundry at the garage, two central hot water heaters, and seventeen tenant storage cabinets. The property offers seventeen parking spaces, two of which have been converted into large owner's storage units, and fire sprinklers throughout the parking lot. The property is zoned R2250,making the existing sixteen units irreplaceable with the current zoning. This is truly the highest and best use for this parcel.

24-470949

MLS ID

December 10, 2024

Listed

December 10, 2024

Updated

Map

214 E Chevy Chase Dr
Glendale CA, 91205

Interior Features

Total Stories

2


Bedrooms

18


Total Bathrooms

16


Appliances

Garbage Disposal


Laundry Description

Garage


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.22 Acres

Other Property Details

Area Name

Glendale-South of 134 Fwy


Days on Market

14


Garage

No


Parking

Covered Parking


Parking Total

17


View

No


County

Los Angeles


Pool

No


Zoning

R2250

Listed by Sevak Keshishian with Marcus & Millichap
Listing Contact: 818-726-0922 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alyssa Valentine + Anselm Clinard | CA DRE# 01517618 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/10/2024

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