4052 Chevy Chase Dr is a Los Angeles multifamily investment property in a strong rental pocket just minutes from Glendale. This well-maintained 8-unit building offers an attractive unit mix, solid infrastructure upgrades, and long-term rental upside.
Los Angeles Multifamily Investment Property Unit Mix
The building features an efficient 8-unit mix consisting of four 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units. This configuration appeals to a broad tenant base and supports consistent occupancy. Individually metered gas and electric service further enhances operational efficiency by minimizing owner utility expenses.
Seismic Retrofit and Capital Improvements
The building has received new exterior paint, enhancing its street presence. In addition, soft-story seismic retrofitting has been 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.
On-Site Parking and Tenant Amenities
The property also includes on-site parking, a highly valued amenity in this densely populated area. Together, these features help support strong occupancy and reduce turnover for ownership.
Freeway Access and Glendale Retail
The property offers quick access to both Interstate 5 and California State Route 134, connecting tenants to nearby employment and lifestyle hubs. In addition, it is a short distance from the Glendale Transportation Center, offering accessible public transit options. Major retail destinations such as the Glendale Galleria, along with national retailers including Costco and The Home Depot, further enhance tenant convenience.
Why This Los Angeles Multifamily Investment Property Works
Overall, this property combines a completed seismic retrofit, a desirable unit mix, and proximity to major retail and transit amenities. As a result, it presents a compelling opportunity for investors seeking stability and long-term upside in a proven rental market.
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