CA > Glendale
Glendale, CA 91205,625 E Chestnut St
Glendale, CA 91205,625 E Chestnut St
Glendale, CA 91205,625 E Chestnut St
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$2,195,000
Est. payment /mo
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7 Beds
6 Baths
4,914 SqFt
Price Dropped by $255K

625 E Chestnut St Glendale, CA 91205

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Asianna Joyce

Asianna Joyce

+1(310) 717-8030

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,914 sqft

Price per Sqft $446

MLS Listing ID 25513763

Bedrooms 7

Year Built 1958

Lot Size 6,970 Sqft

Acres 0.16

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning GLR4YY

Rooms

Other Rooms None

Interior

Heating Wall, Central

Cooling Central, Wall Unit(s)

Equipment Garbage Disposal

Exterior

Parking Features Uncovered

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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agent

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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625 E Chestnut St