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1801 E Chevy Chase Dr
Glendale, CA 91206
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout
- 20% rental upside with additional income opportunities through bill-back of utilities
- Low expense burden should allow for positive cash flow on day one of ownership
- Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents
- 100% occupied with all tenants paying rent
- Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents
Property Facts
| No. Units | 12 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 5,714 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | ||
| Zoning | GLR4* - Medium Density Multiple Residence | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,714 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Zoning | GLR4* - Medium Density Multiple Residence |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | - |
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5665-018-001 | Improvements Assessment | $649,458 |
| Land Assessment | $1,986,262 | Total Assessment | $2,635,720 |
Property Taxes
Parcel Number
5665-018-001
Land Assessment
$1,986,262
Improvements Assessment
$649,458
Total Assessment
$2,635,720
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