$5,300,000
125 W Chestnut Street, Glendale CA 91204
Multi-Family (15 Units)
Property type
38 days
On market
$477
Price per sqft
0 cars
Garage
1931
Year built
8,851 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Steve Hovakimyan DRE #01363908 818-845-5551, City Center Realty Group
Listing updated: Apr 29, 2026 at 12:28am.
Last checked: Jun 5, 2026 at 04:30pm
Source: CRMLS #BB26092017
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 0 | 1 | — | $1,950 | $11,700 | $11,700 | Unfurnished |
| 6 | 1 | 1 | — | $2,500 | $15,000 | $15,000 | Unfurnished |
| 2 | 2 | 1 | — | $2,850 | $5,700 | $5,700 | Unfurnished |
| 1 | 2 | 2 | — | $2,950 | $2,950 | $2,950 | Unfurnished |
# of Buildings: 1
# of Units Total: 15
Separate Electric Meters: 15
Separate Gas Meters: 0
Separate Water Meters: 0
Rent Control: No
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
6.29%
NOI / List Price
Gross Scheduled Income: $448,200
Operating Expense: $114,995
Net Operating Income: $333,205
Annual Operating Expenses
Electric: $240
Gardener: $1,800
Fuel: $0
Insurance: $11,500
Maintenance: $3,000
New Taxes: $60,367
Professional Management: $17,928
Trash: $4,800
Water / Sewer: $12,000
Interior
Laundry: Stacked
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5641007017
Additional Parcels: No
Tax Lot: 124
Community
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 125 W Chestnut Street, Glendale, CA 91204. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$4,240,000
Total Interest
$5,407,886
Total Payment
$9,647,886
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$32,471
per month
Property History for 125 W Chestnut Street
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91204.
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