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For sale
  • $2,195,000

    625 E Chestnut St, Glendale, CA 91205

    7beds
    6baths
    4,914sqft
    : 
    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
    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.
    143 days
    on Zillow
    |
    107
    |
    2
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    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#: 25513763MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 625 E Chestnut St.

    Next available tour time:Today at 6:30pm

    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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