FOR SALE
Listed by Vahagn Stephen, Coldwell Banker Hallmark, (818) 476-3000
508 S Chevy Chase Dr
Glendale, CA 91205
Somerset
5 Beds
4 Baths
2,860 sqft
- 5 Beds
- 4 Baths
- 2,860 sqft
5 Beds
4 Baths
2,860 sqft
Local Information
© Google
-- mins to
Commute Destination
Description
Excellent opportunity to purchase a 4 unit apartment building with a significant upside in rental income. This 4 unit property is in the desirable southeast Glendale area. It provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has been professionally managed and cared for. As it’s the first time in the market after 24 years of ownership, The property is within a short distance to multiple bus stops located on Colorado, in addition to nearby retail shops and businesses. It provides tenants with ease of access to larger retail centers located at the Glendale Galleria, the Americana of Glendale, and Atwater Village. Tenants also have easy access and proximity to the 134 and 5 Freeways.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Cooling only
HOA
None
Price/Sqft
$594
Listed
94 days ago
Home Details for 508 S Chevy Chase Dr
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 4 |
Appliances & Utilities Laundry: Community |
Heating & Cooling Air Conditioning: Wall Unit(s) |
Fireplace & Spa Fireplace: Bath, KitchenHas a Fireplace |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: Drive way |
Exterior Features |
|---|
Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer Paid |
Surface & Elevation Elevation Units: Feet |
Days on Market |
|---|
Days on Market: 94 |
Property Information |
|---|
Year Built Year Built: 1939 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Not Included in Sale: Per LeasesIncluded in Sale: Per LeasesParcel Number: 5680010003 |
Price & Status |
|---|
Price List Price: $1,700,000Price Per Sqft: $594 |
Status Change & Dates Off Market Date: Thu Feb 22 2024 |
Active Status |
|---|
MLS Status: Active |
Location |
|---|
Direction & Address City: Glendale |
Agent Information |
|---|
Listing Agent Listing ID: GD24015207 |
Building |
|---|
Building Area Building Area: 2860 Square Feet |
Community |
|---|
Community Features: SidewalksNot Senior Community |
HOA |
|---|
Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
|---|
Lot Area: 7527 sqft |
Listing Info |
|---|
Special Conditions: Standard |
Offer |
|---|
Listing Terms: Down Payment Resource |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
|---|
Expense Tenant Pays: Cable TV, Electricity, Gas |
Rental |
|---|
Has Rent Control |
Miscellaneous |
|---|
Mls Number: GD24015207Attribution Contact: SoldByVahagn@gmail.com |
Additional Information |
|---|
Sidewalks |
Last check for updates: about 10 hours ago
Listing Provided by: Vahagn Stephen DRE #01152433
Coldwell Banker Hallmark
Originating MLS: California Regional MLS
Source: CRMLS, MLS#GD24015207
Price History for 508 S Chevy Chase Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/27/2024 | $1,700,000 | PriceChange | CRMLS #GD24015207 |
| 01/25/2024 | $1,800,000 | Listed For Sale | CRMLS #GD24015207 |
| 02/18/1998 | $215,000 | Sold | N/A |
Similar Homes You May Like
Skip to last item
OPEN SUN, 1:30-4:30PM0.3 ACRESJacob Sang Lee DRE # 02144645, Dream Realty & Investments Inc- Berkshire Hathaway HomeServices California Properties
- OPEN SUN, 1-4PMCamilla Granasen DRE # 01853276, Compass
- OPEN SUN, 1-4PM0.72 ACRESArbitrage Real Estate Group
- Allie Parks DRE # 02187011, Keller Williams Downtown LA
- OPEN SUN, 2-4PMLauren Reichenberg DRE # 01415570, Compass
- OPEN SUN, 1-4PM0.29 ACRESEmily Sinclair DRE # 02082772, ACME Real Estate
See more homes for sale inGlendaleTake a look
Skip to first item
New Listings near 508 S Chevy Chase Dr
Skip to last item
- OPEN SUN, 1-4PM0.99 ACRESBerkshire Hathaway HomeServices California Properties
- OPEN SUN, 1:30-3PM0.33 ACRESLancelot Commercial/Industrial Brokerage
- NEWOPEN SUN, 1-3PMColdwell Banker Hallmark Realty
- OPEN SUN, 1-5PMBerkshire Hathaway HomeServices California Properties
- OPEN SUN, 1-4PM0.29 ACRESEmily Sinclair DRE # 02082772, ACME Real Estate
- See more homes for sale inGlendaleTake a look
Skip to first item
Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $3,992 |
| Assessment | $329,949 |
Home facts updated by county records
Comparable Sales for 508 S Chevy Chase Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.43 | Multi-Family Home | $1,300,000 | 05/18/23 | 5 | 3 | 3,128 | |
0.17 | Multi-Family Home | $1,265,000 | 02/21/24 | 4 | 3 | 1,523 | |
0.46 | Multi-Family Home | $1,507,000 | 01/23/24 | 6 | 5 | 3,438 | |
0.44 | Multi-Family Home | $1,066,500 | 05/10/23 | 4 | 2 | 2,280 | |
0.58 | Multi-Family Home | $1,200,000 | 01/08/24 | 5 | 3 | 2,346 | |
0.38 | Multi-Family Home | $979,000 | 08/23/23 | 4 | 3 | 1,689 | |
0.51 | Multi-Family Home | $1,451,000 | 09/14/23 | 4 | 3 | 2,060 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Somerset
- Joel G.
- Resident
- 3y ago
"As a dog owner myself get pretty frustrated when others don’t pick up after there dogs. But that may be every neighborhood in LA "
- Martina A. R.
- Resident
- 4y ago
"The schools. That’s it. Nothing more. I’m ready to leave. Time to leave Glendale. Rates are out of control "
- Eng N.
- Resident
- 4y ago
"nice place kind neighbors and close to grocery stores churchs is close by .. need more transportation ..( like beeline in main Street and on weekend we have poor transportation bus.. the bus stops are somehow poorly maintained .. most of them don't have any shades or enough sea6t for wait "
- Summer R.
- Resident
- 4y ago
"It’s great. I’ve lived in Somerset for over five years, and I feel safe and welcomed. Great look, and close to everything anyone will need."
- Shauna
- Resident
- 5y ago
"The neighborhood is great for pet owners. Us non-pet owners are inundated with dog poop on every lawn (and some sidewalks) up and down our block. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Vahagn Stephen, Coldwell Banker Hallmark
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.