125 W Chestnut St - Apartments FOR SALE


Glendale, CA 91204- Pacific-Edison
$5,300,000 USD
818-845-5551
125 W Chestnut St, Glendale, CA for Sale
$5,300,000 USD
Apartments - FOR SALE
1/22
null | 6.29% Cap Rate

125 W Chestnut St
Glendale, CA 91204
Pacific-Edison


HIGHLIGHTS

  • 15-Unit Apartment Building + 10 Storage Units
  • Fully Renovated – Major Remodel Completed
  • Asking Price Below Recent Appraised Value
  • Projected 6%+ CAP Rate (Pro Forma)
  • Prime Glendale Location Near The Americana at Brand & Glendale Galleria
  • Close to Major Freeways (134, 5, 2)

OVERVIEW

City Center Realty Group Presents a compelling opportunity to acquire a fully renovated 15-unit apartment building with 10 storage units, offering an additional income stream and enhanced cash flow potential. The property has recently undergone a major renovation, including upgraded interiors, modern finishes, and improvements to key systems, positioning the asset for strong leasing performance and long-term stability. Offered at an asking price below appraised value, with a projected 6%+ CAP rate (pro forma), this investment provides immediate upside through lease-up and rental optimization. Strategically located near The Americana at Brand and Glendale Galleria, the property benefits from excellent walkability and proximity to major employment centers.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

16

PRICE/UNIT

$331,250

CAP RATE

6.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,848 SF

ZONING

R4, Glendale

APN/PARCEL ID

5641-007-017

ASK ABOUT THIS PROPERTY

Steve HovakimyanCity Center Realty GroupMore Info
818-845-5551

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Steve HovakimyanCity Center Realty GroupMore Info
818-845-5551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.