214 E Chevy Chase Dr — Sale in Glendale, CA

  • Price: $4.1M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Glendale, CA 91205
  • Size: 10,674 SF
  • Year built: 1964

Investment Figures

Price per square foot
$384
Price per unit
$256,250 across 16 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Kalachian Investment Group is pleased to present a great opportunity to purchase 16 units multifamily investment property in Glendale. Built in 1964, the property consists of great mix of (14) 1+1 and (2) 2+1.5 units, totaling approximately 10,674 sqft building size, situated on a 9,582 sqft lot. Priced at only $256,250/unit, $384/SF, 5.9% CAP and 12.08 GRM with current rents and 20% rental upside. Each unit is separately metered for gas and electricity, minimizing owner utility expenses. Additional amenities include 2 central water heaters, on-site laundry and 17 tenant storage cabinets. The property also provides 17 parking spaces, two of which have been converted into large owner’s storage. Building SF: 10674 | Land Size: 9554.0 SF | Year Built: 1964 | Listing Type: FOR SALE

Market Context

This multifamily in Glendale, CA is listed for sale at $4,100,000 across 10,674 SF. The building dates to 1964. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Glendale, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

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