625 E Chestnut St Glendale, CA 91205
Mariposa NeighborhoodEstimated payment $14,317/month
Total Views
6,986
7
Beds
6
Baths
4,914
Sq Ft
$447
Price per Sq Ft
About This Home
We are pleased to present 625 E. Chestnut Street, a seven-unit multifamily investment opportunity located in the Mariposa neighborhood of Glendale. This value-add asset will provide the next investor with approximately 21% of rental upside through an interior renovation program. A one-bedroom unit will be delivered vacant at the close of escrow. Constructed in 1958, 625 E. Chestnut Street comprises five one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one new one-bedroom/one-bathroom ADU unit. Sitting on a 6,968 square foot lot, the parcel is zoned R2250, making the existing seven units irreplaceable with the current zoning. The roughly 4,914 square feet of improvements boast one-bedroom units at 625 square feet, a two-bedroom unit at 975 square feet, and a two-bedroom ADU at 700 square feet. The ADU unit is equipped with a tankless water heater, central HVAC, and in-unit washer and dryer and all units have separate meters for gas and electricity. Recent capital improvements to the property also include a newer roof and updated electrical subpanels. Situated south of Colorado Street and east of Glendale Avenue, 625 E. Chestnut is less than a mile from the Americana and the Glendale Galleria making it an attractive asset to investors and prospective tenants looking to make this property their home. The area is one of the most densely populated neighborhoods in Glendale with consistent high rental demand for apartment units.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
Interior Spaces
- 4,914 Sq Ft Home
- 2-Story Property
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
Utilities
- Central Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 7 Units
- Vacancy Allowance $4,673
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 5675-004-020
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | Price Changed | $2,195,000 | -10.4% | $447 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $2,450,000 | +57.1% | $499 / Sq Ft |
| 12/22/2020 12/22/20 | Sold | $1,560,000 | -8.0% | $375 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 10/13/2020 10/13/20 | Price Changed | $1,695,000 | -5.6% | $407 / Sq Ft |
| 09/16/2020 09/16/20 | For Sale | $1,795,000 | -- | $431 / Sq Ft |
Source: The MLS
Similar Homes in the area
Source: The MLS
MLS Number: 25513763
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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