625 E Chestnut St | Glendale, CA 91205
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- LoopNet Team
625 E Chestnut St
Glendale, CA 91205
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Value-Add Opportunity – 20% Upside in Rents
- Delivered with One 1-Bed Unit Vacant
- Short Distance to Americana, Galleria, and Downtown Glendale
- Brand New 1-Bed/1-Bath ADU with Central HVAC and In-Unit Washer/Dryer
- New Roof
- Landlord Friendly City – Glendale is Subject to AB1482 and Allows Higher Rental Increase Amounts than City of LA or unincorporated LA
Property Facts
| No. Units | 7 | Building Size | 4,914 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 0.61/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R2250 - Residential | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,914 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | R2250 - Residential |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 5675-004-020 | Improvements Assessment | $1,006,661 |
| Land Assessment | $681,932 | Total Assessment | $1,688,593 |
Property Taxes
Parcel Number
5675-004-020
Land Assessment
$681,932
Improvements Assessment
$1,006,661
Total Assessment
$1,688,593
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