Glendale, CA 91205,508 S Chevy Chase DR
Glendale, CA 91205,508 S Chevy Chase DR
Glendale, CA 91205,508 S Chevy Chase DR
17
$1,525,000
$1,600,000
4.7%
Est.Price: ?

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7,527 Sqft Lot

508 S Chevy Chase DR Glendale, CA 91205

Est. payment /mo
SOLD DATE : 06/28/2024

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Key Details

Sold Price $1,525,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD24015207

Sold Date 06/28/24

HOA Y/N No

Year Built 1939

Lot Size 7,527 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Fireplaces Type Bath, Kitchen

Fireplace Yes

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Utilities Available Overhead Utilities

Total Parking Spaces 2

Private Pool No

Building

Lot Description Paved, Yard

Story 1

Entry Level One

Sewer Sewer Tap Paid

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5680010003

Energy Description 20.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Vahagn Stephen • Coldwell Banker Hallmark • SoldByVahagn@gmail.com
Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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