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214 E Chevy Chase Drive

Glendale, CA 91205

– beds
– baths
– sqft
9,585 sqft lot
1964 build
– on site

We are pleased to present Chevy Chase Manor, a sixteen unit multifamily investment opportunity located in the Tropico neighborhood of South Glendale. This well-maintained asset will provide the next investor with roughly 36% in rental upside that can be captured through the implementation of an interior and exterior renovation program. Constructed in 1964, Chevy Chase Manor comprises fourteen one bedroom/one-bathroom units and two two-bedroom/one-and-half bathroom units. Sitting on a 9,582 square foot lot, this 10,674 square foot building boasts average unit sizes of roughly 667 square feet. All units have separate meters for gas and electricity. There is on-site laundry at the garage, two central hot water heaters, and seventeen tenant storage cabinets. The property offers seventeen parking spaces, two of which have been converted into large owner's storage units, and fire sprinklers throughout the parking lot. The property is zoned R2250,making the existing sixteen units irreplaceable with the current zoning. This is truly the highest and best use for this parcel.

Listed By CRMLS_CA / Sevak Keshishian / Marcus & Millichap

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# 24470949 —

The Building

Year Built:

1964
New Construction:

No
Building Area Total:

10674.00
Total Number Of Units:

16
# of Buildings:

1
Stories Total:

2

Interior

Levels:

Multi/Split
Laundry:

In Garage
Laundry:

1

Location

Directions:

I-5 S toward Los Angeles, Take exit 142 for Colorado St, Continue onto Colorado St Fwy Exit, Take the exit toward San Fernando Road/Colorado Bl, Keep right at the fork and merge onto W Elk Ave, Turn left onto San Fernando Rd, Turn left onto W Chevy Chase Dr.
Latitude:

34.13319700
Longitude:

-118.25295900

The Property

Property Type:

Residential Income
Zoning:

R2250
Lot Size Area:

9585.0000
Lot Size Acres:

0.2200
Lot Size SqFt:

9585.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5640014011

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Appliances

Appliances:

Disposal
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Covered
Parking Spaces:

17.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
12/10/24 Dec 10, 2024	Listed / Active	CRMLS_CA	$4,400,000
7/21/24 Jul 21, 2024	Price Changed	CRMLS_CA
7/6/24 Jul 6, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Adams Hill, Glendale, CA 91205 is currently for sale for $4,400,000. 214 E Chevy Chase Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 214 E Chevy Chase Drive is in the Adams Hill neighborhood of Glendale and has a WalkScore® of 94, making it a walker’s paradise. This multifamily is in the attendance area of Horace Mann Elementary School, Theodore Roosevelt Middle School, and Glendale Senior High School.

Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 21:38 on Dec 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.