214 E Chevy Chase Drive Drive Glendale, CA $ 3,950,000
214 E Chevy Chase Drive Drive
$ 3,950,000
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214 E Chevy Chase Drive Drive

Glendale, CA, 91205
$ 3,950,000
Baths1.0 Sq 10,674

Monthly Estimate*

$ 24,321

Listed by Keller Williams Realty
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Studio

Multi-Family Home for sale in Glendale, CA

for $3,950,000 with 1 full bath. This 10,674 square foot home was built in 1964 on a lot size of 0.2193.

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 $246,875/unit, $370.06/SF, 5.87% CAP and 11.64 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.

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Multi-Family Active

Price

$ 3,950,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2193

Year Built

1964

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

P124445

Days on Market

122

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Appliances Gas Oven Gas Range
Zoning Glr4yy
HOA Fee 0
Garage Spaces 17
Pool Features None
Year Built 1964
View None
Property Subtype Apartment
Gross Income 333149
Community Features Sidewalks
County Los Angeles
Net Operating Income 231840
Operating Expense 103109
Insurance Expense 13841
Property Type Residential Income
MaintenanceExpense 7300
Subdivision Name Not Applicable
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions On E Chevy Chase Dr between Glendale Ave. and Brand Blvd.
City Glendale
Senior Community Y/N false
Number Of Units Total 16
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units Square Feet
Lot Size Square Feet 9554
Number of Units Leased 16
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 3246
Trash Expense 6777
Water Sewer Expense 12537
Rent Control Y/N true
Standard Status Active
Year Built Source Public Records
Tax Lot 9
Property Sub Type Additional Apartment
Taxes 49200
Cap Rate 5.87
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area See Remarks
Total Baths 0
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Exterior
Fencing None
Parking Features Assigned Covered See Remarks
Lot Features Front Yard
Water Source Public
Total Parking 17
Lot Size Area 9554
Number of Buildings 1
Spa false
Building Area Total 10674
Lot Size Acres 0.2193
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 17
Number of Separate Electric Meters 17
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* Excluded Features
List By
Keller Williams Realty

Broker

melinakalachian@yahoo.com

Email

Affordability Calculator

$24,321
Per Month
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0%
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Monthly Principal & Interest
$24,321
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$3,950,000 -3.66% Price Down
11/20/2025$4,100,000 Listed Price

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214 E Chevy Chase Drive Drive, Glendale, CA, 91205 is a Multi-Family Home for sale at $3,950,000 with 10,674 sqft and a lot size of 0.2193. 214 E Chevy Chase Drive Drive is a studio with 1.0 baths and was built in 1964. The property's zip code is 91205 which is in Glendale, CA