125 W Chestnut St Glendale, CA 91204
Pacific-Edison NeighborhoodEstimated payment $30,469/month
Highlights
- Laundry Room
- Stacked Washer and Dryer
- Front Yard
- Herbert Hoover High School Rated A-
About This Home
Fully renovated 15-unit apartment building with additional income from 8 storage units in prime Glendale location. Recently remodeled with updated interiors and systems, offering a turnkey investment opportunity. Offered below appraised value with a projected 6%+ CAP rate (pro forma). Ideal for lease-up or value-add strategy (buyer to verify). Conveniently located near The Americana at Brand and Glendale Galleria with easy access to shopping, dining, and major freeways. Excellent opportunity for investors and 1031 exchange buyers.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 8,851 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,120 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 124
- Tax Tract Number 5641
- Assessor Parcel Number 5641007017
- $1,190 per year additional tax assessments
Community Details
Overview
- 15 Units
Building Details
- 15 Separate Electric Meters
- Electric Expense $240
- Gardener Expense $1,800
- Insurance Expense $11,500
- Maintenance Expense $3,000
- Professional Management Expense $17,928
- Trash Expense $4,800
- Water Sewer Expense $12,000
- New Taxes Expense $60,367
- Operating Expense $114,995
- Gross Income $333,205
- Net Operating Income $333,205
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $30,753 | $2,867,000 | $1,147,000 | $1,720,000 |
| 2024 | $30,753 | $2,700,000 | $1,900,000 | $800,000 |
| 2023 | $28,323 | $2,485,572 | $1,301,966 | $1,183,606 |
| 2022 | $27,843 | $2,436,837 | $1,276,438 | $1,160,399 |
| 2021 | $27,331 | $2,389,057 | $1,251,410 | $1,137,647 |
| 2019 | $26,307 | $2,322,198 | $1,214,294 | $1,107,904 |
| 2018 | $25,891 | $2,276,744 | $1,190,485 | $1,086,259 |
| 2016 | $24,612 | $2,184,493 | $1,144,258 | $1,040,235 |
| 2015 | $24,120 | $2,151,681 | $1,127,071 | $1,024,610 |
| 2014 | $23,989 | $2,109,534 | $1,104,994 | $1,004,540 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $5,300,000 | -- | $477 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB26092017
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.