809 E Chestnut StreetGlendale, CA 91205
Los Angeles County
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Mixed Use
- Style
- Contemporary
- Year built
- 1985
- Stories
- 3
- Building area
- 5,974 Sq Ft
- Lot size
- 0.16 acres
- Parking spaces
- 13
- Zoning
- GLR4
- Days on market
- 22
- MLS® Listing#
- BB26229723
Property Features
- Appliances
- Dryer · Washer
- Cooling
- Wall/Window Unit(s)
- Heating
- Wall Furnace
- Fireplace
- None
- Pool
- None
- Parking
- Attached Carport · Detached Carport
- Laundry
- Common Area · Laundry Room · Outside
- Fencing
- Block
- Construction
- Stucco · Wood Siding
- Community
- Sidewalks · Park
- Utilities
- Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Sewer Connected · Water Connected
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Parcel number
- 5675003019
Directions
Between S. Geneva St. to the West and S. Everett St. to the East
Listing Courtesy: Better Homes and Gardens Real Estate Town Center - 818-823-7443
Presented by: Susan Featherly
Licensed in the state of California.
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