We are pleased to present Chevy Chase Manor, a sixteen unit multifamily investment opportunity located in the Tropico neighborhood of South Glendale. This well-maintained asset will provide the next investor with roughly 36% in rental upside that can be captured through the implementation of an interior and exterior renovation program. Constructed in 1964, Chevy Chase Manor comprises fourteen one bedroom/one-bathroom units and two two-bedroom/one-and-half bathroom units. Sitting on a 9,582 square foot lot, this 10,674 square foot building boasts average unit sizes of roughly 667 square feet. All units have separate meters for gas and electricity. There is on-site laundry at the garage, two central hot water heaters, and seventeen tenant storage cabinets. The property offers seventeen parking spaces, two of which have been converted into large owner's storage units, and fire sprinklers throughout the parking lot. The property is zoned R2250,making the existing sixteen units irreplaceable with the current zoning. This is truly the highest and best use for this parcel.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Living Area: 10,674 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Sevak Keshishian
Interior Features
Interior Information:
Appliances: Disposal
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Exterior Features
Parking Information:
Parking: Covered
Lot Features
Lot Information:
Lot Size: 0.22 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: I-5 S toward Los Angeles, Take exit 142 for Colorado St, Continue onto Colorado St Fwy Exit, Take the exit toward San Fernando Road/Colorado Bl, Keep right at the fork and merge onto W Elk Ave, Turn left onto San Fernando Rd, Turn left onto W Chevy Chase Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $4,400,000
Price Per SqFt: $412/SqFt
Tax Information:
Annual Amount: $30,890
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Glendale, CA.
This property is $3.2M more than the Median Sold Price and $306/SqFt less than other homes in Glendale, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24470949
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Sevak Keshishian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 31, 2014
Jan 31, 2014Home Sold
$2,400,000
Sep 16, 1998
Sep 16, 1998Home Sold
$787,000
Oct 11, 1990
Oct 11, 1990Home Sold
$1,020,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$30,890
$2,718,013
2020
$29,724
$2,690,144
2019
$29,232
$2,637,397
2018
$28,754
$2,585,684
2017
$28,754
$2,534,986
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Horace Mann Elementary School
501 E Acacia Ave
Distance between this listing and this school0.25 miles
Public District Grades PK-5
6
/10
Cerritos Elementary School
120 E Cerritos Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-6
7
/10
John Muir Elementary School
912 S Chevy Chase Dr
Distance between this listing and this school0.83 miles
Public District Grades KG-6
Nearby Schools
7
/10
Theodore Roosevelt Middle School
222 E Acacia Ave
Distance between this listing and this school0.08 miles
Public District Grades 6-8
7
/10
Irving STEAM Magnet
3010 Estara Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades 6-8
6
/10
Isana Octavia Academy
3010 Estara Ave
Distance between this listing and this school1.37 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Daily (Allan F.) High (Continuation)
220 N Kenwood St
Distance between this listing and this school1.11 miles
Public District Grades 9-12
7
/10
Alliance Leichtman-Levine Family Foundation Env Science High School
2930 Fletcher Dr
Distance between this listing and this school1.42 miles
Public Charter Grades 9-12
6
/10
Glendale High School
1440 E Broadway
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $31,364. Most Glendale, CA residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 214 E Chevy Chase Dr
What is the listing price of this property?
The listing price of 214 E Chevy Chase Dr property is $4,400,000.
What type of property is this?
The property 214 E Chevy Chase Dr is a house located in Glendale, California, 91205.
Is this property for sale now?
Active Listing: 214 E Chevy Chase Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $30,890 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 31, 2014 for $2,400,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 214 E Chevy Chase Dr has 18 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 214 E Chevy Chase Dr is 10,674 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 214 E Chevy Chase Dr is 1964.
Interested in 214 E Chevy Chase Dr? Let's connect.
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This home is located at 214 E Chevy Chase Dr in Glendale, CA and zip code 91205 in the The Verdugos neighborhood. This 10,674 square foot home, which was built in 1964, sits on a 0.22 acre lot. Features: 18 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $4,400,000.
Glendale, CA housing market in November 2024 saw over 31 listings sold above listed price, more than 10 sold at listed price and over 27 sold below. The inventory of homes for sale in Glendale, CA between October 2024 and November 2024 decreased by 9.8%. The median list price of listings available in November 2024 was $1,150,000, while the average time on the real estate market was 29 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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