1717 E Chevy Chase Dr - Multi-Family FOR SALE


Glendale, CA 91206- Woodbury
$1,418,000 USD
818-799-7389
1717 E Chevy Chase Dr, Glendale, CA for Sale
$1,418,000 USD
Multi-Family - FOR SALE
1/57
null | Request Cap Rate

1717 E Chevy Chase Dr
Glendale, CA 91206
Woodbury


HIGHLIGHTS

  • Fantastic Location in the desirable Woodbury neighborhood of Glendale!
  • Corner Lot - Gracious 6,404 Sqft
  • ADU Conversion Opportunity - 4 Spacious Garages will allow 2 additional unit conversions (Buyer to Verify)

OVERVIEW

Fantastic Investment Opportunity in Prime Woodbury Neighborhood of Glendale with ADU Conversion Potential! Welcome to 1717 East Chevy Chase Drive, a well-maintained triplex with four garages and incredible value-add potential. Situated on a desirable corner lot, this property features two 1-bedroom, 1-bath units and one fully remodeled studio with brand-new appliances—each offering strong rental appeal. The property is individually metered, and tenants pay for electricity, gas, and trash. Two of the units have their own washer and dryer. Residents also enjoy access to the lovely backyard with a beautiful garden. The roof is about nine years old. The property includes four garages: three single-car garages and one two-car garage, offering excellent ADU conversion potential with the possibility of creating two additional units (buyer to verify). With the opportunity to increase rents on two of the existing units and add extra income-producing spaces, this is an ideal project for investors seeking both cash flow and long-term upside. Located in a high-demand Glendale neighborhood at the corner of East Chevy Chase Drive and Glenmore Drive, this property is close to Glendale Community College, Glendale High School, Adventist Hospital, parks, shopping centers, restaurants, and all major freeway entrances. It perfectly combines location, flexibility, and future growth potential. Don’t miss this rare investment opportunity with multiple value-add options Call the listing agent with any questions or requests.

FOR SALE DETAILS

PRICE

$1,418,000 USD

PRICE/SF

$823 USD /SF

# OF UNITS

3

PRICE/UNIT

$472,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,404 SF

ZONING

GLR4

APN/PARCEL ID

5665-018-004

ASK ABOUT THIS PROPERTY

Harmik AghakhaniCompassMore Info
818-799-7389

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Harmik AghakhaniCompassMore Info
818-799-7389

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