Property Detail

125 Chestnut

Glendale CA 91204

$5,300,000

Status: Active

Property Details

Description

Fully renovated 15-unit apartment building with additional income from 8 storage units in prime Glendale location. Recently remodeled with updated interiors and systems, offering a turnkey investment opportunity. Offered below appraised value with a projected 6%+ CAP rate (pro forma). Ideal for lease-up or value-add strategy (buyer to verify). Conveniently located near The Americana at Brand and Glendale Galleria with easy access to shopping, dining, and major freeways. Excellent opportunity for investors and 1031 exchange buyers.

Map Location

Listing provided courtesy of Steve Hovakimyan of City Center Realty Group. Last updated 2026-05-10 08:11:01.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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