625 E Chestnut Street
Glendale, CA 91205
- – beds
- – baths
- – sqft
- 6,970 sqft lot
- 1958 build
- – on site
We are pleased to present 625 E. Chestnut Street, a seven-unit multifamily investment opportunity located in the Mariposa neighborhood of Glendale. This value-add asset will provide the next investor with approximately 21% of rental upside through an interior renovation program. A one-bedroom unit will be delivered vacant at the close of escrow. Constructed in 1958, 625 E. Chestnut Street comprises five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one new one-bedroom/one-bathroom ADU unit. Sitting on a 6,968 square foot lot, the parcel is zoned R2250, making the existing seven units irreplaceable with the current zoning. The roughly 4,914 square feet of improvements boast one-bedroom units at 625 square feet, a two-bedroom unit at 975 square feet, and a two-bedroom ADU at 700 square feet. The ADU unit is equipped with a tankless water heater, central HVAC, and in-unit washer and dryer and all units have separate meters for gas and electricity. Recent capital improvements to the property also include a newer roof and updated electrical subpanels. Situated south of Colorado Street and east of Glendale Avenue, 625 E. Chestnut is less than a mile from the Americana and the Glendale Galleria making it an attractive asset to investors and prospective tenants looking to make this property their home. The area is one of the most densely populated neighborhoods in Glendale with consistent high rental demand for apartment units.
Last checked:
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Last updated Mar 21, 2025
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MLS# 25513763 —
The Building
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Year Built:1958
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New Construction:No
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Building Area Total:4914.00
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Total Number Of Units:7
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:US-101 S and CA-134 E/State Rte 134 E to N Glendale Ave in Glendale. Take exit 8 from CA-134 E/State Rte 134 E, Continue on N Glendale Ave. Drive to E Chestnut St, Turn left onto E Chestnut St, property will be on the left.
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Latitude:34.14019400
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Longitude:-118.24716400
The Property
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Property Type:Residential Income
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Zoning:GLR4YY
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Lot Size Area:6970.0000
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Lot Size Dimensions:50x140
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Lot Size Acres:0.1600
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Lot Size SqFt:6970.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5675004020
Heating & Cooling
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Heating:1
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Heating:Wall Furnace, Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Disposal
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Uncovered
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/19/25
Mar 19, 2025
|
Listed / Active | CRMLS_CA | $2,450,000 | 57.1% (13.5% / YR) |
|
12/22/20
Dec 22, 2020
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CRMLS_CA | $1,560,000 | -8.0% | |
|
12/9/20
Dec 9, 2020
|
CRMLS_CA | $1,695,000 |
