Movoto Real Estate

809 E Chestnut St, Glendale, CA 91205

$2,700,000
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  • —

    bed

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    bath

Multi-family for sale 8 hours

About 809 E Chestnut St

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Lot size 6,838 Sqft
Movoto estimate
Rental estimate
Property description
Presenting an exceptional investment opportunity in one of Glendale's most desirable rental submarkets. Built in 1985, this well-maintained 8-unit apartment complex offers a highly functional unit mix designed for strong tenant demand and steady rental income. Property highlights comprise of four (4) spacious 2-bedroom/2-bathroom units and four (4) 1-bedroom/1-bathroom units, appealing to a wide range of prospective renters. Capital Improvements include upgraded new silicone cool roof, enhancing energy efficiency and long-term durability. On-Site amenities feature a community washer and dryer facility providing convenient additional income. Parking advantages highlighted by an impressive 13 parking spaces available on-site—a rare and highly coveted feature in this prime rental area. All tenants are currently on month-to-month agreements, offering tremendous flexibility and upside potential for investors. Situated in a high-demand rental pocket, the property is just moments away from premier shopping, dining, and entertainment, including close proximity to the Americana at Brand and local dining districts.
Listed by
Listing Agent - Susan Featherly
Listing Agent Contact: 818-823-7443
Listing Office - Better Homes and Gardens Real Estate Town Center
Source: CRMLS mls logo
MLS#BB26229723 • last updated 15 hours ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style Three Or More, Contemporary
Type Residential Income
SubType Commercial/Residential
Status Active
Lot Size (Acres) 0.157
Lot Size (SqFt) 6838
Year Built 1985
Interior
Exterior
Construction Wood Siding, Stucco
Building Area Square Feet, 5974
Parking Detached Carport, Attached Carport
# Carport Spaces 13
# Parking Spaces 13
Lot Description Lot 6500-9999, Park Nearby
Amenities / Utilities
Fireplaces None
Sewer/ Septic Sewer Paid, Public Sewer
Water Source Public
Spa None
Pool None
Location
View Mountain(s)
County Los Angeles
Community Features Sidewalks
Zoning GLR4
Directions Between S. Geneva St. To The West And S. Everett St. To The East
APN 5675003019
Multifamily Details
Expense: Trash 2031
Laundry Income 800
Operating Expense 41363
Expense: Insurance 3847
Total Expenses 41363
Expense: Water/ Sewer 5856
Gross Income 196678
Expense: Electric 264
Gross Scheduled Income 196678
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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