We are pleased to present a great opportunity to purchase 16 units multifamily investment property in Glendale. Built in 1964, the property consists of great mix of (14) 1+1 and (2) 2+1.5 units, totaling approximately 10,674 sqft building size, situated on a 9,582 sqft lot. Priced at only $256,250/unit, $384/SF, 5.61% CAP and 12.08 GRM with current rents and 20% rental upside. Each unit is separately metered for gas and electricity, minimizing owner utility expenses. Additional amenities include 2 central water heaters, on-site laundry and 17 tenant storage cabinets. The property also provides 17 parking spaces, two of which have been converted into large owner's storage. Located minutes to The Americana on Brand and Downtown Glendale, in a great income-producing location.
For sale
Listing Provided by:
Melina Kalachian DRE #01877904 818-522-1900,
Keller Williams Realty,
Vince Kalachian DRE #01172350 818-631-8855,
Keller Williams Realty
$4,100,000
214 E Chevy Chase Dr, Glendale, CA 91205
8beds
8baths
10,674sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$3,953,700 Zestimate®
$384/sqft
$-- HOA
What's special
- 64 days |
- 146 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: October 07, 2025 at 03:52pm
Listing Provided by:
Melina Kalachian DRE #01877904 818-522-1900,
Keller Williams Realty,
Vince Kalachian DRE #01172350 818-631-8855,
Keller Williams Realty
Source: CRMLS,MLS#: P1-24445
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Range
- Laundry: Common Area, See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 10,674
- Total interior livable area: 10,674 sqft
Property
Parking
- Total spaces: 17
- Parking features: Assigned, Covered, See Remarks
- Garage spaces: 17
Features
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 9,554 Square Feet
- Features: Front Yard
Details
- Parcel number: 5640014011
- Zoning: Glr4yy
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Not Applicable
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $384/sqft
- Date on market: 10/7/2025
- Listing terms: Cash to New Loan
Estimated market value
$3,953,700
$3.76M - $4.15M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Listed for sale | $4,100,000$384/sqft |
Source: | ||
| 7/24/2025 | Listing removed | $4,100,000$384/sqft |
Source: | ||
| 7/8/2025 | Listed for sale | $4,100,000$384/sqft |
Source: | ||
| 4/9/2025 | Contingent | $4,100,000$384/sqft |
Source: | ||
| 3/19/2025 | Price change | $4,100,000-6.8%$384/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$25,608/mo
Principal & interest
$20210
Property taxes
$3963
Home insurance
$1435
Climate risks
Neighborhood: Tropico
Nearby schools
GreatSchools rating
- 8/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Theodore Roosevelt Middle SchoolGrades: 6-8Distance: 0.1 mi
- 6/10Glendale High SchoolGrades: 9-12Distance: 1.5 mi
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