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214 E Chevy Chase Drive
USD 4,400,000
Property ID: 24470949
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214 E Chevy Chase Drive ,91205
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icon 9585 SqFt
icon Built in 1964
icon USD 459/SqFt
icon 18 Beds
icon 16 Full
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Location Street View
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Interior Details
Bedrooms
18
Bathrooms
16
Interior Size
10674
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1964
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (12)
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214 E Chevy Chase Drive
USD 4,400,000 18 Beds
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