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 Americana at Brand and Glendale Galleria with easy access to shopping, dining, and major freeways. Excellent opportunity for investors and 1031 exchange buyers.
Listing agent:
Steve Hovakimyan
License #01363908
City Center Realty Group
125 Chestnut is a Residential Income Apartment property located in Glendale, California, featuring a 0.203 acre lot, MLS #BB26092017.