$1,600,000
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508 S Chevy Chase DR Glendale, CA 91205
2,860 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $533
MLS Listing ID GD24015207
Year Built 1939
Lot Size 7,527 Sqft
Property Description
Excellent opportunity to purchase a 4 unit apartment building with a significant upside in rental income. This 4 unit property is in the desirable southeast Glendale area. It provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has been professionally managed and cared for. As it?s the first time in the market after 24 years of ownership,
The property is within a short distance to multiple bus stops located on Colorado, in addition to nearby retail shops and businesses. It provides tenants with ease of access to larger retail centers located at the Glendale Galleria, the Americana of Glendale, and Atwater Village. Tenants also have easy access and proximity to the 134 and 5 Freeways.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplaces Type Bath, Kitchen
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available Overhead Utilities
Building
Lot Description Paved, Yard
Story 1
Sewer Sewer Tap Paid
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.