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NewLuxury

$2,700,000

6,839 sqft$395/sqft14 days on market

809 E Chestnut Street

Glendale, CA 91205

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,839

Square feet

1985

Built

Listing narrative

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.

Listing agent (MLS): Susan Featherly · Listing brokerage (MLS): Better Homes and Gardens Real Estate Town Center

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,700,000

Beds

Beds n/a

Type

House

Home Size

6,839 sqft

Baths

Baths n/a

Lot Size

0.16 acres

Year

1985

Status

New

Days on Market

14

$ / Sqft

$395

· 8% down, 7% APR, 30yr fixed
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Courtesy of Better Homes and Gardens Real Estate Town Center