214 E Chevy Chase Drive

Glendale, CA 91205

  • 18 Bed(s)
  • 0 Bath(s)
  • 10,674 Sqft
  • 9585
    Sqft(Lot)
$4,400,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47986483

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Property Details

  • Bedroom Information

    • Total Bedrooms : 18

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1964
    • Building Area Total: 10,674

    Laundry Features

    • In Garage

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.22
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9585

  • Listing Price Information

    • Original List Price: 4,400,000
    • Listing Contract Date: 2024-11-26

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5640014011

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Directions: I-5 S toward Los Angeles, Take exit 142 for Colorado St, Continue onto Colorado St Fwy Exit, Take the exit toward San Fernando Road/Colorado Bl, Keep right at the fork and merge onto W Elk Ave, Turn left onto San Fernando Rd, Turn left onto W Chevy Chase Dr.
    • Zoning: R2250
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy

    Building and Construction

    • Property Age: 60
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10674
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 12/21/2024 @ 22:14

  • MLS: 24470949
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 18 bedrooms which is for sale, it has 10,674 sqft, 9,585 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Glendale , in zip code 91205, this Los Angeles County Home are nearby neighborhoods.