Active

515 Chester Street

Glendale, CA 91203

$3,050,000 $12,858/Mo

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Overview

Bed

Bath

5,404

Sqft

7,492

Sqft(Lot)

Description

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 o ne 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.

Property Details

Property Type : Residential Income

Price : $3,050,000

AD Id : 80040069

MLS Id : GD26122130

Lot Size : 7,492 Sqft

Living Area Size : 5,404

Year Built : 1962

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: Ceiling Fan(s),Open Floorplan,Quartz Counters,Recessed Lighting Property Appliances: Dishwasher,Gas Cooktop,Gas Oven,Microwave,Refrigerator Fireplace: None Flooring: Laminate
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1962 Building Area Total: 5,404
Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.172
Lot Size Source: Assessor Lot Size Square Feet: 7492

Listing Price Information

Original List Price: 3,050,000 Listing Contract Date: 2026-05-29
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5638010009

Garage and Parking

Garage Description: Attached Carport,Garage,Community Structure

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: 628 - Glendale-South of 134 Fwy Directions: 134 Fwy- San Fernando Rd Source Property Type: Residential Income Area: 628 - Glendale-South of 134 Fwy Property SubType: Mixed Use
Building and Construction

Property Age: 64 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: Front Door Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
350 W Wilson, Glendale, CA, 91203	$3,795,000	--	--	8,086	8,086 SqFt
419 Salem Street, Glendale, CA, 91203	$1,995,000	--	--	3,714	3,714 SqFt
464 W Wilson Ave, Glendale, CA, 91203	$1,150,000	3	2	1,708	1,708 SqFt
345 Concord Street, Glendale, CA, 91203	$799,000	3	2	1,090	1,090 SqFt

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ByOwner last updated this listing 06/14/2026 @ 20:27

MLS: GD26122130 LISTED BY: Raffi Soualian, JohnHart Real Estate 818-246-1099 SOURCE: CRMLS