$2,295,000
$400K PRICE DROP

Estimated payment $13,332/month

Total Views 2,540
12 Beds
8 Baths
6,430 Sq Ft
$357 Price per Sq Ft

About This Home

4052 Chevy Chase Drive presents a well-maintained multifamily investment opportunity in a strong rental pocket of Los Angeles, just minutes from Glendale. Situated in a high-demand residential corridor with convenient freeway and retail access, the property offers an attractive unit mix, solid infrastructure upgrades, and long-term rental upside. The building features an efficient 8-unit mix consisting of 4 one-bedroom/one-bath units and 4 two-bedroom/one-bath units, appealing to a broad tenant base. This diverse configuration supports consistent occupancy in a market where well-located, moderately sized units remain in strong demand. Individually metered gas and electric service further enhances operational efficiency by minimizing owner utility expenses.Recent improvements and capital upgrades add to the property's stability and curb appeal. The building boasts new exterior paint, enhancing its street presence, along with soft-story seismic retrofitting completed, providing compliance and peace of mind for future ownership. A central water heater system supports operational efficiency, and on-site laundry facilities add convenience for tenants while generating potential ancillary income. The property also includes on-site parking, a highly valued amenity in this densely populated area.The location is a key highlight. With quick access to both the Interstate 5 and California State Route 134, tenants benefit from convenient connectivity to surrounding employment and lifestyle hubs. The property is a short distance from the Glendale Transportation Center, offering accessible public transit options. Major retail and entertainment destinations such as the Glendale Galleria are nearby, along with national retailers including Costco and The Home Depot, further enhancing tenant convenience and long-term rental appeal. With its strong Los Angeles location, completed seismic retrofit, desirable unit mix, and proximity to major retail and transit amenities, 4052 W Chevy Chase Drive represents a compelling multifamily investment opportunity offering both stability and upside potential in a proven rental market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Listing Agent

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 03/03/2026

Keller Williams Studio City

Co-Listing Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,074 Sq Ft Lot

Interior Spaces

  • 6,430 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5594-013-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,074 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Contact Listing Agents Mike Pesci - (213) 820-1335 - Mike@aplagroup.com or James Antonucci (818) 381-6601 for more information.
  • Living Area: 6430
  • Lot Acreage: 0.1624
  • Year Built: 1960
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Laundry: Laundry Area
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 356.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 60.98
  • Assessed Improvement Value: 376701
  • Assessed Land Percent: 39.02
  • Assessed Land Value: 241083
  • Total Assessed Value: 617784
  • Assessor Parcel Number: 5594-013-001
  • Lot Size Area: 7074

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.24
  • Number Of Units: 8
  • Type Of Units: 1s 2s

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,610 $617,784 $241,083 $376,701
2024 $8,455 $605,671 $236,356 $369,315
2023 $8,311 $593,796 $231,722 $362,074
2022 $7,963 $582,154 $227,179 $354,975
2021 $7,837 $570,740 $222,725 $348,015
2019 $7,625 $553,814 $216,120 $337,694
2018 $7,499 $542,956 $211,883 $331,073
2016 $20,703 $1,665,010 $1,157,385 $507,625
2015 $6,986 $514,036 $200,597 $313,439
2014 $7,059 $503,968 $196,668 $307,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2026 06/10/26 Price Changed $2,295,000 -4.2% $357 / Sq Ft
04/22/2026 04/22/26 Price Changed $2,395,000 -11.1% $372 / Sq Ft
03/03/2026 03/03/26 For Sale $2,695,000 -- $419 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title Company
Individual Deed $410,000 Commonwealth Title
Interfamily Deed Transfer -- Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,145,000 New Conventional
Closed $350,000 Unknown
Closed $1,050,000 Commercial
Closed $250,000 Commercial
Closed $850,000 Commercial
Previous Owner $420,000 Commercial
Previous Owner $520,000 Commercial
Previous Owner $500,000 Commercial
Previous Owner $680,000 Commercial
Previous Owner $401,250 Commercial
Previous Owner $298,500 Commercial
Previous Owner $132,500 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26659441

The MLS
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