Historical Multifamily Sale Listing - The Chevy Chase Apartments

Multifamily For Sale

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The Chevy Chase Apartments

804 - 810 E. Chevy Chase Dr., Glendale, CA 91205

N/A

16 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
11,451 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
5.70%
Gross Rent Multiplier:
11.50
Occupancy:
100%
Year Built:
1930
Lot Size:
20,129 SF
Parking Ratio:
1 / 1,000 SF
Listing ID
16642528
Last Updated
over 1 year ago

Highlights

  • Excellent Investment Opportunity!!
  • Beautifically Landscaped Courtyard!!
  • Extremely Well Maintained Apartment building!!
  • Outstanding Rental Location - NO RENT CONTROL!!!
  • Hardwood Floors, Tiled Bathrooms and Kitchen Counters!!
  • Individual Hotwater Heaters, Garage Parking and More!!!

Description

Subject property consists of a beautiful 16 unit (all one bedroom one bath) apartment complex located in a non-rent controlled city of Glendale, CA. There's a charming and recently landscaped Spanish courtyard and the units themselves are in great condition. Spacious apartments, hardwood floors, separate laundry hook-ups, new roofs, covered parking, copper plumbing and good curb appeal are just a few of the property amenities.

The property is located along a residential corridor of Chevy Chase Dr just two blocks from local markets and major thoroughfares. The grounds are lush and very well maintained including a variety of palm trees, and colorful shrubbery.

Map of 804 - 810 E. Chevy Chase Dr., Glendale, CA 91205 (Los Angeles County)

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Created 4/9/2010