Request Offering Memorandum

Cover Edit
IMG_5306
Use 2 (1)
Use 1 (1)
use 7
Use 4
IMG_5236 (1)
IMG_5221
IMG_5222
IMG_5238
IMG_5247

122-210 E. Chestnut Street

Glendale, CA 91205

Chestnut Street Apartments

First Time On Market in 46 Years

Call us! 626.204.3300

ABOUT THE ASSET

SUMMARY
PROPERTY DESCRIPTION
Very unique opportunity to purchase 27 units in South Glendale two blocks from the Americana.  The property needs to be seen to be appreciated.  Extremely unique units and arguably one of the best areas of South Glendale.
 
Family owned and operated for 32 years. Six buildings on two parcels. Unique unit mix of large one bedrooms, 2 bedrooms, and one-3 bedroom unit.  Most units have front and back door entrances, washer dryer hookups, private access to the units and garage parking.
PRICE
PRICE/UNIT
PRICE/SF
GRM
CAP
UNITS
YEAR BUILT
GROSS SF
LOT SF
APN
$7,450,000
$275,926
$364.04
14.15
4.17%
27
1924, 1914, 1964
20,465
34,582
5641-009-006, 007

EXCELLENT LOCATION CLOSE TO AMERICANA

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805