625 E Chestnut Street, Glendale, CA 91205 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
Email MeEmail Me
Menu

625 E Chestnut Street, Glendale, CA 91205

$2,195,000 Approx. USD 7 beds, 6 baths
4,914 sqft

Save My Notes
Share

Listing Agent


Sevak Keshishian | skeshishian@marcusmillichap.com
Lic#: 01887505
Broker: Courtesy of Marcus & Millichap

Agent Remarks

We are pleased to present 625 E. Chestnut Street, a seven-unit multifamily investment opportunity located in the Mariposa neighborhood of Glendale. This value-add asset will provide the next investor with approximately 21% of rental upside through an interior renovation program. A one-bedroom unit will be delivered vacant at the close of escrow. Constructed in 1958, 625 E. Chestnut Street comprises five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one new one-bedroom/one-bathroom ADU unit. Sitting on a 6,968 square foot lot, the parcel is zoned R2250, making the existing seven units irreplaceable with the current zoning. The roughly 4,914 square feet of improvements boast one-bedroom units at 625 square feet, a two-bedroom unit at 975 square feet, and a two-bedroom ADU at 700 square feet. The ADU unit is equipped with a tankless water heater, central HVAC, and in-unit washer and dryer and all units have separate meters for gas and electricity. Recent capital improvements to the property also include a newer roof and updated electrical subpanels. Situated south of Colorado Street and east of Glendale Avenue, 625 E. Chestnut is less than a mile from the Americana and the Glendale Galleria making it an attractive asset to investors and prospective tenants looking to make this property their home. The area is one of the most densely populated neighborhoods in Glendale with consistent high rental demand for apartment units.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25513763
List price is $2,195,000 Reduced by $255,000 on 4/18/2025
Price: $2,195,000
Beds: 7
Baths: 6
Built in 1958
4,914 sqft
2 stories
0.16 acres
Lot size: 0.1600
County: Los Angeles
Zoning: GLR4YY
Appliances: Disposal
Parking description: Uncovered
Heating/cooling: Central Air
Heating description: Central,Wall Furnace
MLS area: 628 - Glendale-South of 134 Fwy

Last Updated: 4/18/2025

 Days On Market (DOM): 115

 Find more Glendale homes and real estate

 Find more homes in 91205 zip code

This listing belongs to the 628 - Glendale-South of 134 Fwy MLS area

Lat/Long: 34.140194, -118.247164.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

91205 Area Map

Demographics

Schools

Near by

Similar Listings

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692