515 Chester St Glendale, CA 91203
Vineyard NeighborhoodEstimated payment $19,478/month
Highlights
- Open Floorplan
- No HOA
- Living Room
- Quartz Countertops
- Neighborhood Views
- Recessed Lighting
About This Home
Exceptional Glendale Income Property Opportunity! Well-maintained 8-unit apartment building located in a desirable Glendale neighborhood, offering approximately 5,404 square feet of living space on a spacious lot. The property features an attractive unit mix of six 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing strong rental appeal and diversification for investors. Several units showcase updated interiors with modern kitchens, upgraded flooring, fresh finishes, and abundant natural light. The property offers 10 community parking spaces, a valuable amenity for tenants, along with on-site common areas and convenient access throughout the building. Its attractive curb appeal, well-kept grounds, and functional layout make this a compelling investment opportunity in one of Glendale's most sought-after rental markets. Conveniently located near shopping, dining, entertainment, major transportation corridors, and employment centers, this income-producing asset presents excellent long-term upside potential for both seasoned and first-time multifamily investors. Don't miss the opportunity to acquire a quality apartment building in a high-demand rental location.
Listing Agent
JohnHart Real Estate Brokerage Phone: 818-464-5819 License #01887303 Listed on: 06/04/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,492 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- 4 Attached Carport Spaces
- Parking Available
- Community Parking Structure
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,404 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Living Room
- Laminate Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- Mirrored Closets Doors
- 8 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 4021
- Assessor Parcel Number 5638010009
Community Details
Overview
- No Home Owners Association
- 8 Units
Building Details
- 5 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,852
- Gardener Expense $1,440
- Insurance Expense $11,544
- Other Expense $2,724
- Pest Control $1,020
- Trash Expense $3,888
- Water Sewer Expense $3,840
- New Taxes Expense $38,136
- Operating Expense $66,444
- Net Operating Income $143,448
Map
Home Values in the Area
Average Home Value in this Area
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 | $32,955 | $2,966,075 | $1,183,246 | $1,782,829 |
| 2024 | $32,608 | $2,907,918 | $1,160,046 | $1,747,872 |
| 2023 | $31,873 | $2,850,900 | $1,137,300 | $1,713,600 |
| 2022 | $31,330 | $2,795,000 | $1,115,000 | $1,680,000 |
| 2021 | $7,244 | $575,293 | $221,265 | $354,028 |
| 2019 | $6,993 | $562,231 | $214,703 | $347,528 |
| 2018 | $6,779 | $551,287 | $210,494 | $340,793 |
| 2016 | $6,392 | $526,037 | $202,321 | $323,716 |
| 2015 | $6,274 | $518,136 | $199,282 | $318,854 |
| 2014 | $6,275 | $507,988 | $195,379 | $312,609 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/04/2026 06/04/26 | For Sale | $3,050,000 | +9.1% | $564 / Sq Ft | |
| 10/21/2021 10/21/21 | Sold | $2,795,000 | 0.0% | $517 / Sq Ft | View Prior Sale |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- | |
| 07/27/2021 07/27/21 | For Sale | $2,795,000 | -- | $517 / Sq Ft |
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 |
|---|---|---|---|
| Grant Deed | $2,795,000 | North American Title | |
| Grant Deed | -- | Fidelity National Title Co |
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 | $1,480,000 | Commercial | |
| Previous Owner | $1,315,000 | Commercial | |
| Previous Owner | $800,000 | Commercial | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $60,000 | Commercial | |
| Previous Owner | $10,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26122130
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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