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809 E Chestnut Street — photo 1
1 / 8

Units

8

Building Size

5,974 sf

Lot Size

6,838 sf

Status

Active

Listing Agent: Susan Featherly, Better Homes and Gardens Real Estate Town Center

Glendale

809 E Chestnut Street

About This Property

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.

Unit Mix

  • 4 units · 2bd / 2ba
  • 4 units · 1bd / 1ba

Neighborhood

This property is located in Glendale. Want to learn more about the area?

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Asking Price

$2,700,000

Est. Monthly Payment

$17,253/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Susan Featherly

Better Homes and Gardens Real Estate Town Center