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$1,418,000
Est. payment /mo
2 Beds
6,404 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25234344
Bedrooms 2
Lot Size 6,404 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Fantastic Investment Opportunity in Prime Woodbury Neighborhood of Glendale with ADU Conversion Potential! Welcome to 1717 East Chevy Chase Drive, a well-maintained triplex with incredible value-add potential. Situated on a desirable corner lot, this property features two 1-bedroom, 1-bath units and one fully remodeled studio with brand-new applianceseach offering strong rental appeal. The property is individually metered, and tenants pay for electricity, gas, and trash. Two of the units have their own washer and dryer. Residents also enjoy access to the lovely backyard with a beautiful garden. The roof is about nine years old. The property includes four garages: three single-car garages and one two-car garage, offering excellent ADU conversion potential with the possibility of creating multiple additional units (buyer to verify how many units). With the opportunity to increase rents on two of the existing units and add extra income-producing spaces, this is an ideal project for investors seeking both immediate cash flow and long-term upside. Located in a high-demand Glendale neighborhood at the corner of East Chevy Chase Drive and Glenmore Drive, this property is close to Glendale Community College, Glendale High School, Adventist Hospital, parks, shopping centers, restaurants, and all major freeway entrances. It perfectly combines location, flexibility, and future growth potential. Dont miss this rare investment opportunity with multiple value-add options!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Corner lot of East Chevy CHase Dr and Glenmore Blv
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5665018004
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Harmik Aghakhani COMPASS