3 months on rocket

508 S Chevy Chase Dr, Glendale, CA, 91205

$1,600,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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508 S Chevy Chase Dr, Glendale$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage2 spaces
Year Built1939
FireplaceBath, Kitchen
MLS #GD24015207
Lot Size0.17 Acres
StatusActive

About 508 S Chevy Chase Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Email: SoldByVahagn@gmail.com
  • Listing Agent: Vahagn Stephen

Interior Features

Interior Information:

  • Fireplace: Bath, Kitchen

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Glendale High School, Public District Grades 9-12
  • Woodrow Wilson Middle School, Public District Grades 6-8
  • John Muir Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: South of Colorado

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000

Tax Information:

  • Annual Amount: $3,845
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Glendale, CA.

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Glendale, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$707

Avg. Days On Market

28

# of Sold Homes

70

508 S Chevy Chase Dr vs Glendale

107 DAYS ON ROCKET

+79 Days

$1,600,000

+$450K More

KEY TAKEAWAY

This property is $450K more than the Median Sold Price in Glendale, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24015207

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Email: SoldByVahagn@gmail.com
  • Listing Agent: Vahagn Stephen

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 12:55:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 18, 1998Home Sold
$215,000
Dec 29, 1989Home Sold
$380,000
Dec 28, 1988Home Sold
$329,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,845$317,139
2020$3,706$313,888
2019$3,548$307,734
2018$3,494$301,701
2017$3,494$295,786

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10189919
6
/10

  • John Muir Elementary School

  • 912 S Chevy Chase Dr

  • 0.36 miles

  • Public District Grades KG-6

Middle School

school-card-donut-10189920
5
/10

  • Woodrow Wilson Middle School

  • 1221 Monterey Rd

  • 1.09 miles

  • Public District Grades 6-8

High School

school-card-donut-10189921
4
/10

  • Glendale High School

  • 1440 E Broadway

  • 0.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,761. The majority of Glendale, CA residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Glendale›91205›508 S Chevy Chase Dr

This home is located at 508 S Chevy Chase Dr in Glendale, CA and zip code 91205 in the Somerset neighborhood. This home, which was built in 1939, sits on a 0.17 acre lot. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,600,000.

While more than 39 listings in Glendale, CA in April 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 18 were sold below. The number of listings in Glendale, CA increased by 14.2% between March 2024 and April 2024. In April 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $1,150,000.

From Rocket Homes Real Estate and based on county public records data.

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