1801 E Chevy Chase Dr, Glendale, CA 91206

$2,450,000
12
BD
12
BA
5,714
SqFt
Sold Price
$2,450,000
List Price
$2,535,000
Closing Date
May 28, 2021
MLS#
21-694320
Year Built
1948
Bedrooms
12
Bathrooms
12
Living Sq. Ft
5,714
Lot Size
7,694
Days on Market
61
Property Type
Multifamily
Stories
2

Property Description

Well-maintained two-story building benefitting from a newly painted trim along with recently replaced windows throughout | Opportunity exists to renovate the units with new flooring, countertops, appliances and fixtures to achieve higher rents | 20% rental upside with additional income opportunities through bill-back of utilities | 100% occupied with all tenants paying rent Low expense burden should allow for positive cash flow on day one of ownership | Underutilized backyard area leaves potential to add Covid-friendly amenity space for residents

Additional Information

Other Buildings
None
Heat
Central
Cooling
Wall Unit(s)
Number of Cars in Garage
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of , Jared Warren - CA DRE# Selling Office: .

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