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4052 Chevy Chase Drive, Los Angeles, CA 90039
Priced at Only: $2,695,000
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Address: 4052 Chevy Chase Drive, Los Angeles, CA 90039
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  • MLS#: 26659441 ( )
  • Street Address: 4052 Chevy Chase Drive
  • Viewed: 8
  • Price: $2,695,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 42
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90039
  • Provided by: Keller Williams Studio City
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    4052 Chevy Chase Drive presents a well maintained multifamily investment opportunity in a strong rental pocket of Los Angeles, just minutes from Glendale. Situated in a high demand residential corridor with convenient freeway and retail access, the property offers an attractive unit mix, solid infrastructure upgrades, and long term rental upside. The building features an efficient 8 unit mix consisting of 4 one bedroom/one bath units and 4 two bedroom/one bath units, appealing to a broad tenant base. This diverse configuration supports consistent occupancy in a market where well located, moderately sized units remain in strong demand. Individually metered gas and electric service further enhances operational efficiency by minimizing owner utility expenses.Recent improvements and capital upgrades add to the property's stability and curb appeal. The building boasts new exterior paint, enhancing its street presence, along with soft story seismic retrofitting completed, providing compliance and peace of mind for future ownership. A central water heater system supports operational efficiency, and on site laundry facilities add convenience for tenants while generating potential ancillary income. The property also includes on site parking, a highly valued amenity in this densely populated area.The location is a key highlight. With quick access to both the Interstate 5 and California State Route 134, tenants benefit from convenient connectivity to surrounding employment and lifestyle hubs. The property is a short distance from the Glendale Transportation Center, offering accessible public transit options. Major retail and entertainment destinations such as the Glendale Galleria are nearby, along with national retailers including Costco and The Home Depot, further enhancing tenant convenience and long term rental appeal. With its strong Los Angeles location, completed seismic retrofit, desirable unit mix, and proximity to major retail and transit amenities, 4052 W Chevy Chase Drive represents a compelling multifamily investment opportunity offering both stability and upside potential in a proven rental market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Features
Building Area Total
  1. 6430.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 106135.00
Parcel Number
  1. 5594013001
Parking Features
  1. Assigned
Postalcodeplus4
  1. 1256
Sourcesystemkey
  1. 26659441:CLAW
Totalexpenses
  1. 75859.00
Virtual Tour Url
  1. https://www.hshprodmls2.com/4052echevychasedr
Year Built
  1. 1960
Year Built Source
  1. Other
Zoning
  1. LAR1
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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