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508 S Chevy Chase Drive

Glendale, CA 91205

– beds
– baths
– sqft
7,527 sqft lot
1939 build
– on site

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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.

Listed By CRMLS_CA / Vahagn Stephen / Coldwell Banker Hallmark / SoldByVahagn@gmail.com

Last checked: Checking… • Last updated Jun 29, 2024 •

MLS# GD24015207 —

The Building

Year Built:

1939
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

2860.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

4
Stories Total:

1
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Levels:

One
Entry Location:

Drive way
Number Wall AC:

4
Fireplace:

Yes
Fireplace:

Bath, Kitchen
Laundry:

Community
Laundry:

1

Location

Directions:

South of Colorado

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

GLR4YY
Lot Features:

Paved, Utilities - Overhead, Yard
Lot Size Area:

7527.0000
Lot Size Acres:

0.1728
Lot Size SqFt:

7527.00
Lot Size Source:

Assessor
Exclusions:

Per Leases
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3021.03
Tax Tract:

6215
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5680010003

Utilities

Sewer:

Sewer Paid
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No
Inclusions:

Per Leases
Association:

No

Parking

Parking Spaces:

2.00
Garage Spaces:

2.00

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	% Change
5/26/24 May 26, 2024		BRIDGE	$1,600,000
5/26/24 May 26, 2024	Sold Subject To Contingencies	CRMLS_CA	$1,600,000
5/8/24 May 8, 2024	Price Changed	CRMLS_CA	$1,600,000	-5.9%

Multifamily Sold on 6/28/2024

$1,525,000

Listing provided by broker:

Vahagn Stephen

Coldwell Banker Hallmark

SoldByVahagn@gmail.com

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Listing Courtesy of: CRMLS_CA and Coldwell Banker Hallmark. Based on information from California Regional Multiple Listing Service, Inc. as of 07:14 on Nov 23.

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.

508 S Chevy Chase Drive

Glendale, CA 91205