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$ 5,300,000
Est. payment /mo
Active
125 W Chestnut ST Glendale, CA 91204
8,851 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26092017
HOA Y/N No
Year Built 1931
Lot Size 8,851 Sqft
Property Sub-Type Apartment
Property Description
Fully renovated 15-unit apartment building with additional income from 8 storage units in prime Glendale location. Recently remodeled with updated interiors and systems, offering a turnkey investment opportunity. Offered below appraised value with a projected 6%+ CAP rate (pro forma). Ideal for lease-up or value-add strategy (buyer to verify). Conveniently located near The Americana at Brand and Glendale Galleria with easy access to shopping, dining, and major freeways. Excellent opportunity for investors and 1031 exchange buyers.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Fireplace No
Laundry Stacked
Exterior
Parking Features None
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Private Pool No
Building
Lot Description Front Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5641007017
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Steve Hovakimyan City Center Realty Group #01363908
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