Courtesy of: Susan Featherly, Better Homes and Gardens Real Estate Town Center, susanfeatherly@gmail.com
Courtesy of: Susan Featherly, Better Homes and Gardens Real Estate Town Center, susanfeatherly@gmail.com
$2,700,000
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12 bed
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12.00 Bath (12 Full)
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Lot: 0.16 Acres
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Other
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$2,700,000
809 E Chestnut Street 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 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.
Courtesy of: Susan Featherly, Better Homes and Gardens Real Estate Town Center, susanfeatherly@gmail.com
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