515 Chester Street Glendale, CA $ 3,050,000
515 Chester Street
$ 3,050,000
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515 Chester Street

Glendale, CA, 91203
$ 3,050,000
Baths1.0 Sq 5,404

Monthly Estimate*

$ 18,779

Listed by JohnHart Real Estate
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Studio

Single Family Home for sale in Glendale, CA

for $3,050,000 with 1 full bath. This 5,404 square foot home was built in 1962 on a lot size of 0.172.

Exceptional Glendale Income Property Opportunity! Well-maintained 8-unit apartment building located in a desirable Glendale neighborhood, offering approximately 5,404 square feet of living space on a spacious lot. The property features an attractive unit mix of six 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing strong rental appeal and diversification for investors. Several units showcase updated interiors with modern kitchens, upgraded flooring, fresh finishes, and abundant natural light. The property offers 10 community parking spaces, a valuable amenity for tenants, along with on-site common areas and convenient access throughout the building. Its attractive curb appeal, well-kept grounds, and functional layout make this a compelling investment opportunity in one of Glendale's most sought-after rental markets. Conveniently located near shopping, dining, entertainment, major transportation corridors, and employment centers, this income-producing asset presents excellent long-term upside potential for both seasoned and first-time multifamily investors. Don't miss the opportunity to acquire a quality apartment building in a high-demand rental location.

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Single Family Active

Price

$ 3,050,000

Bedrooms

Studio

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.172

Year Built

1962

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

GD26122130

Days on Market

16

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityAvailable NaturalGasAvailable WaterAvailable
Possession CloseOfEscrow
Appliances Dishwasher GasCooktop GasOven Microwave Refrigerator
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1962
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype MixedUse
Gross Income 0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 143448
Operating Expense 66444
Insurance Expense 11544
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 0
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 134 Fwy- San Fernando Rd
City Glendale
Entry Location Front Door
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 8
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units SquareFeet
Lot Size Square Feet 7492
Carport Spaces 4
Carport Y/N true
Number of Units Leased 5
Listing Terms Cash CashToNewLoan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 3852
Fuel Expense 0
Trash Expense 3888
Water Sewer Expense 3840
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 17491
Property Sub Type Additional MixedUse
Taxes 38136
Cap Rate 4.7
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Interior
Interior Amenities CeilingFans OpenFloorplan QuartzCounters RecessedLighting
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls TwoCommonWallsOrMore
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Parking Features AttachedCarport Garage CommunityStructure
Lot Features SixToTenUnitsAcre
Water Source Public
Total Parking 10
Lot Size Area 7492
Number of Buildings 1
Spa false
Building Area Total 5404
Lot Size Acres 0.172
Private Pool false
Lot Size Source Assessor
Door Features MirroredClosetDoors
Pool Charge 0
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Johnhart Real Estate

Broker

raffi@jhhre.com

Email

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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
6/5/2026$3,050,000 Listed Price

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515 Chester Street, Glendale, CA, 91203 is a Single Family Home for sale at $3,050,000 with 5,404 sqft and a lot size of 0.172. 515 Chester Street is a studio with 1.0 baths and was built in 1962. The property's zip code is 91203 which is in Glendale, CA