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.
For sale
$2,195,000
625 E Chestnut St, Glendale, CA 91205
7beds
6baths
4,914sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$447/sqft
$-- HOA
What's special
One-bedroom unitNewer roofIn-unit washer and dryerCentral hvacTankless water heater
- 143 days
- on Zillow |
- 107 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 10:10am
Listed by:
Sevak Keshishian DRE # 01887505 818-726-0922,
Marcus & Millichap 818-212-2700
Source: CLAW,MLS#: 25513763

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Wall, Central
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Disposal
Interior area
- Total structure area: 4,914
- Total interior livable area: 4,914 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 50 x 140
Details
- Additional structures: None
- Zoning: GLR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1958
Community & HOA
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $447/sqft
- Tax assessed value: $1,655,484
- Date on market: 3/19/2025
- Total actual rent: 10830
- Tenant pays: Gas, Electricity
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