809 E Chestnut Street, Glendale, CA 91205

$2,700,000

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Listing courtesy of Listing Agent: Susan Featherly (susanfeatherly@gmail.com) from Listing Office: Better Homes and Gardens Real Estate Town Center.

List Price
$2,700,000
Status
ACTIVE
Days on Market
2
MLS#
BB26229723
Subtype
Residential Income
Style
Contemporary
Year Built
1985
Lot Size
6,838
Acres
0.16
MLS Area Major
Glendale-South of 134 Fwy (628)

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

Property Description
Contemporary
Zoning
GLR4
Appliances
Dryer, Washer
Heating
Wall Furnace
Air Conditioning
Yes
Exterior Construction
Stucco, Wood Siding
Stories
Three Or More Levels
Levels
Three Or More
Pool Type
None
Parking Features
Attached Carport, Detached Carport
View
Mountain(s)

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.