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$2,950,000

FOR SALE
Active

515 Chester Street

Glendale, CA

MLS# GD26122130

Mixed Use
155 days on marketNalren refreshed

Listing Agent

Raffi Soualian

Listing Agent

JohnHart Real Estate

DRE #: 01887303

(818) 464-5819

Brokerage: JohnHart Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1962

Year Built

7,492 sqft

Lot Size

N/A

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Mixed Use

Property Type

Description

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
None
Appliances
Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator
Flooring
Laminate
Interior Features
Ceiling Fans, Open Floorplan, Quartz Counters, Recessed Lighting

Exterior

Private Pool
No
Lot Features
Six To Ten Units Acre

Building

Year Built
1962
Building Area Total
5,404
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units
Utilities
Electricity Available, Natural Gas Available, Water Available
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
4
Parking Features
Attached Carport, Community Structure, Garage
Parking Total
10

Community / HOA

HOA
No
Association Fee
$0

Sale history for 515 Chester Street

  • Sold $2,795,000 in October 2021 · MLS #21765842 · Source: CRMLS

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