625 E Chestnut Street

Glendale, CA 91205

  • 7 Bed(s)
  • 0 Bath(s)
  • 4,914 Sqft
  • 6970
    Sqft(Lot)
$2,450,000

Description

We are pleased to present 625 e. chestnut street, a seven-unit multifamily investment opportunity located in the mariposa neighborhood of glendale. this value-add asset will provide the next investor with approximately 21% of rental upside through an interior renovation program. a one-bedroom unit will be delivered vacant at the close of escrow. constructed in 1958, 625 e. chestnut street comprises five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one new one-bedroom/one-bathroom adu unit. sitting on a 6,968 square foot lot, the parcel is zoned r2250, making the existing seven units irreplaceable with the current zoning. the roughly 4,914 square feet of improvements boast one-bedroom units at 625 square feet, a two-bedroom unit at 975 square feet, and a two-bedroom adu at 700 square feet. the adu unit is equipped with a tankless water heater, central hvac, and in-unit washer and dryer and all units have separate meters for gas and electricity. recent capital improvements to the property also include a newer roof and updated electrical subpanels. situated south of colorado street and east of glendale avenue, 625 e. chestnut is less than a mile from the americana and the glendale galleria making it an attractive asset to investors and prospective tenants looking to make this property their home. the area is one of the most densely populated neighborhoods in glendale with consistent high rental demand for apartment units.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49023491

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1958
    • Building Area Total: 4,914

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.16
    • Lot Size Dimensions: 50x140
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 6970

  • Listing Price Information

    • Original List Price: 2,450,000
    • Listing Contract Date: 2025-03-19

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5675004020

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Postal Code Plus 4: 2236
    • Directions: US-101 S and CA-134 E/State Rte 134 E to N Glendale Ave in Glendale. Take exit 8 from CA-134 E/State Rte 134 E, Continue on N Glendale Ave. Drive to E Chestnut St, Turn left onto E Chestnut St, property will be on the left.
    • Zoning: GLR4YY
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy

    Building and Construction

    • Property Age: 67
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 4914
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/04/2025 @ 22:51

  • MLS: 25513763
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 4,914 sqft, 6,970 sized lot, and 0 parking. are nearby neighborhoods.