Active

323 E Chestnut Street

Glendale, CA 91205
Mark as Favorite
Bed 27

Bed

Bath 24

Bath

SqFt13,925

Sqft

SqFt17,330

Sqft(Lot)

323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it fr om many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an exceptional Downtown Glendale location within walking distance of The Americana at Brand, the Glendale Galleria and a wide variety of restaurants, cafs, entertainment venues and everyday services. With a Walk Score of 96, designated a "Walker's Paradise," residents can complete most daily errands on foot, providing the property with a meaningful competitive advantage and supporting its long-term rental appeal. 323 E Chestnut Street presents investors with the opportunity to acquire a substantially renovated Glendale apartment community offering a favorable unit mix, attractive resident amenities, exceptional walkability, all in a highly sought after downtown Glendale location.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $8,000,000

AD Id : 89674171

MLS Id : 26873611

Beds : 27

Lot Size : 17,330 Sqft

Living Area Size : 13,925

Year Built : 1962

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 27

    Bathroom Information

    Total Baths: 24

    Flooring Information

    Laminate
  • Interior Features

    Appliances: Dishwasher, Disposal, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1962
    Building Area Total: 13925
    Stories: 2
    Pool Features: InGround
    Private Pool: No

  • Lot Information

    Main Square Feet: 17330 Lot Size Acres: 0.3978 Lot Size Square Feet: 17,330

  • Listing Price Information

    Listing Price: $8000000

  • Tax Information

    Parcel Number: 5641005021

  • Location Information

    Direction: South on S. Brand Ave, East on E Chestnut St
Sell a home like this and save $479,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
404 Lincoln Avenue, Glendale, CA, 91205 $4,950,000 5 4 -- 11,905 Sqft
121 Maynard Street, Glendale, CA, 91205 $3,550,000 16 16 7,856 15,792 Sqft
1502 E Broadway, Glendale, CA, 91205 $3,550,000 16 16 7,598 15,305 Sqft
1538 E Maple, Glendale, CA, 91205 $950,000 2 1 1,296 7,765 Sqft
811 Fischer Street, Glendale, CA, 91205 $948,000 2 2 977 3,533 Sqft
1418 Corona Drive, Glendale, CA, 91205 $1,799,000 6 5 3,792 9,493 Sqft
1111 E Elk, Glendale, CA, 91205 $1,199,900 4 2 1,552 3,942 Sqft
1030 Tyler St, Glendale, CA, 91205 $939,000 2 2 1,116 3,545 Sqft
1615 S Adams Street, Glendale, CA, 91205 $1,500,000 4 2 2,014 6,841 Sqft
1601 S Adams Street, Glendale, CA, 91205 $1,399,000 4 2 2,354 7,622 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 16:22

MLS: 26873611 LISTED BY: David Leibowitz, Investment Real Estate Associates 818-386-6888 SOURCE: CRMLS

Homes around $8,000,000

Selling? Save $479,501 when you sell a home like this

Tour with a ByOwner Agent