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$3,950,000 -$150,000 (-3.66%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 9 hours ago
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We are pleased to present a great opportunity to purchase 16 units multifamily investment property in Glendale. Built in 1964, the property consists of great mix of (14) 1+1 and (2) 2+1.5 units, totaling approximately 10,674 sqft building size, situated on a 9,582 sqft lot. Priced at only $246,875/unit, $370.06/SF, 5.87% CAP and 11.64 GRM with current rents and 20% rental upside. Each unit is separately metered for gas and electricity, minimizing owner utility expenses. Additional amenities include 2 central water heaters, on-site laundry and 17 tenant storage cabinets. The property also provides 17 parking spaces, two of which have been converted into large owner's storage. Located minutes to The Americana on Brand and Downtown Glendale, in a great income-producing location.

Full Property Details for 214 E Chevy Chase Dr Dr

General

  • Price: $3,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: P1-24445
  • Updated: 1/15/2026
  • Days on Market: 100 days
  • Added to Site: 101 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Gas Oven, Gas Range

Rooms

Other Rooms

  • Laundry: Community, See Remarks

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 17
  • Parking Features: Assigned, Covered, See Remarks
  • Parking: Assigned, Covered, See Remarks

Location

  • Area: 628 - Glendale-South of 134 Fwy
  • County: Los Angeles
  • Development Name: 628 - Glendale-South of 134 Fwy
  • Driving Directions: On E Chevy Chase Dr between Glendale Ave. and Brand Blvd.

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 17
  • # Electric Meters: 17

Structural Information

  • Square Feet: 10,674
  • Year Built: 1964

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.2193
  • Lot Size (Sq. Ft.): 9,554
  • Lot Size Source: Public Records
  • Zoning: Glr4yy
  • Lot Description: Front Yard

Financial Considerations

  • Price Per Sq. Ft.: $370.06

Listed by Keller Williams Realty, Melina Kalachian and Keller Williams Realty, Vince Kalachian

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Listing agents

— 214 E Chevy Chase Dr Dr —

  • Melina Kalachian

    Keller Williams Realty

  • Vince Kalachian

    Keller Williams Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 214 E Chevy Chase Dr Dr

School District:Glendale Unified School District
NameGradesDistance
Horace Mann Elementary School, Glendale, CA
501 East Acacia Avenue, Glendale, CA 91205
PK-50.3 mi
Theodore Roosevelt Middle School
222 East Acacia Avenue, Glendale, CA 91205
6-80.1 mi
Glendale High School
1440 E. BRd.way, Glendale, CA 91205
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 214 E Chevy Chase Dr Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Price Reduced
$3,950,000
-3.66%
MLS
10/07/2025
Listed
$4,100,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Realty, Melina Kalachian and Keller Williams Realty, Vince Kalachian

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214 E Chevy Chase Drive Drive, Glendale, CA 91205 (MLS# P1-24445) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 214 E Chevy Chase Drive Drive is currently listed for $3,950,000 and was received on October 07, 2025. Want to learn more about 214 E Chevy Chase Drive Drive? Do you have questions about finding other Multi-Family real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.

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