$1,399,000
$19K PRICE DROP

1717 E Chevy Chase Dr Glendale, CA 91206

Woodbury Neighborhood

Estimated payment $8,460/month

Total Views 3,358
2 Beds
3 Baths
1,723 Sq Ft
$812 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Glenoaks Elementary School Rated A-
  • Laundry Room
  • Carpet

About This Home

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 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 multiple additional units (buyer to verify how many units). 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 immediate 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!

Listing Agent

Harmik Aghakhani

COMPASS Brokerage Phone: 8187997389 License #02077441 Listed on: 10/09/2025

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,404 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,723 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 4 / B
  • Tax Tract Number 7600
  • Assessor Parcel Number 5665018004
  • $272 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Water Sewer Expense $882
  • Operating Expense $20,000
  • Gross Income $62,640
  • Net Operating Income $42,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 882.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5665018004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 811.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6404.00
  • Lot Size Acres: 0.1470
  • Latitude Manual: 34.15441700

Multi Family

  • Gross Income: 62640.00
  • Gross Operating Income: 62400.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6404.0000 Square Feet
  • Net Operating Income: 42640.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 20000.00
  • Rent Control: No
  • Total Expenses: 20000.00

Tax Info

  • Tax Block: B
  • Tax Lot: 4
  • Tax Tract Number: 7600
  • TaxOtherAnnualAssessmentAmount: 272.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $13,827 $1,273,449 $1,008,147 $265,302
2024 $13,827 $1,248,480 $988,380 $260,100
2023 $13,512 $1,224,000 $969,000 $255,000
2022 $3,505 $298,713 $89,678 $209,035
2021 $3,439 $292,857 $87,920 $204,937
2019 $3,312 $284,172 $85,313 $198,859
2018 $3,208 $278,601 $83,641 $194,960
2016 $3,048 $267,785 $80,394 $187,391
2015 $2,988 $263,764 $79,187 $184,577
2014 $2,982 $258,598 $77,636 $180,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Price Changed $1,399,000 -1.3% $812 / Sq Ft
10/09/2025 10/09/25 For Sale $1,418,000 +18.2% $823 / Sq Ft
06/07/2022 06/07/22 Sold $1,200,000 0.0% $696 / Sq Ft View Prior Sale
04/29/2022 04/29/22 Pending -- -- --
03/31/2022 03/31/22 Price Changed $1,200,000 -7.6% $696 / Sq Ft
03/11/2022 03/11/22 Price Changed $1,299,000 -3.7% $754 / Sq Ft
02/24/2022 02/24/22 Price Changed $1,349,000 -90.4% $783 / Sq Ft
01/11/2022 01/11/22 For Sale $13,999,999 -- $8,125 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25234344

California Regional Multiple Listing Service (CRMLS)

APN: 5665-018-004