323 E Chestnut Street, Glendale, CA 91205

Glendale
Local realty services provided by:ERA Excel Realty
323 E Chestnut Street,Glendale, CA 91205
$8,000,000
  • 27 Beds
  • 24 Baths
  • 13,925 sq. ft.
  • Multi-family
  • Active
Listed by: david leibowitz
Office: investment real estate associates818-386-6888
MLS#:26873611
Source:CRMLS

Price summary

  • Price:$8,000,000
  • Price per sq. ft.:$574.51

About this home

323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it from many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an...

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Home facts

  • Year built:1962
  • Listing ID #:26873611
  • Added:46 day(s) ago
  • Updated:October 04, 2026 at 10:38 AM

Rooms and interior

  • Bedrooms:27
  • Total bathrooms:24
  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Living area:13,925 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1962
  • Building area:13,925 sq. ft.
  • Lot area:0.4 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$8,000,000
  • Price per sq. ft.:$574.51

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Pool features:In Ground

Parking

  • Total parking spaces:16
  • Parking description:Covered, Private
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