809 E Chestnut Street, Glendale, CA 91205

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List Agent Susan Featherly () 818-848-2888 Better Homes and Gardens Real Estate Town Center; CoList ()

List Price
$2,700,000
Status
ACTIVE
MLS#
BB26229723
Year Built
1985
Lot Size
6,838
Lot Location
Near Park
Days on Market
8
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Mixed Use
Stories
Three Or More Levels

Property Description

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.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Mountain(s)
Exterior Construction
Stucco, Wood Siding
Sewer
Public Sewer, Sewer Tap Paid
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.