Listed by Susan Featherly•DRE #01445745• Better Homes and Gardens Real Estate Town Center
Contact: 818-823-7443
For sale
$2,700,000
Est. $18,249/mo —
12
bd
•
12 ba
•
5,974
sq ft
809 E Chestnut St, Glendale, CA 91205
About this home
Presenting an exceptional investment opportunity in one of Glendale's most desirable rental submarkets. Built in 1985, this well-maintained 8-unit apartment complex offers a highly functional unit mix designed for strong tenant demand and steady rental income. Property highlights comprise of four (4) spacious 2-bedroom/2-bathroom units and four (4) 1-bedroom/1-bathroom units, appealing to a wide range of prospective renters. Capital Improvements include upgraded new silicone cool roof, enhancing energy efficiency and long-term durability. On-Site amenities feature a community washer and dryer facility providing convenient additional income. Parking advantages highlighted by an impressive 13 parking spaces available on-site—a rare and highly coveted feature in this prime rental area. All tenants are currently on month-to-month agreements, offering tremendous flexibility and upside potential for investors. Situated in a high-demand rental pocket, the property is just moments away from premier shopping, dining, and entertainment, including close proximity to the Americana at Brand and local dining districts.
Mariposa, located between Brand Boulevard and Central Avenue, is a residential and commercial Glendale neighborhood with mid-century apartment courts and a walkable grid of side streets. The neighborhood’s character concentrates around the Brand Boulevard and Colorado Street corridor, where sidewalk patios, indie boutiques, and coffee counters set a steady daytime hum. The Alex Theatre anchors local culture with marquee-lit nights and classic movie-house details. Nearby, The Americana at Brand adds a polished retail-and-dining promenade, while the Museum of Neon Art keeps the creative pulse literal. Architecture shifts from Spanish Revival touches to clean-lined postwar buildings, with pocket parks and civic plazas shaping the daily rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Bedrooms
Eight-unit property with a mix of one- and two-bedroom units
Bathrooms
Units have one or two full bathrooms
Laundry & utility
Community laundry with included washers and dryers
Individual laundry areas
Heating & cooling
Wall heaters
Wall and window cooling
Exterior features
Block wall fencing
Park nearby
View
Home design
Three stories
Entry on the first level
Parking
13 parking spaces
Attached and detached carports
Construction
Wood and stucco construction
Utilities
Public water
Public sewer
Natural gas and electricity connected
HOA & community
Sidewalks
Financial info
Eight units leased
Net operating income of $155,315
Gross income of $196,678
Laundry income of $800
Operating expenses of $41,363
Current total rent of $15,604
Rent control applies
Tenants pay gas, sewer, and electricity
Electricity and solar
View estimated energy costs and solar savings for this home
Built 1985.Good Rental Area. Clean Building. Rents Are Very Low. For Any Questions Call Greg 818 848 0855 Or 818 434-7779 Cell.
Public Records
May 22, 2001
Sold
$660,000
$110/sq ft
Public Records
Aug 26, 1988
Sold
$650,000
$109/sq ft
Public Records
Aug 15, 1985
Sold
$475,000
$80/sq ft
Public Records
Jun 22, 1984
Sold
$97,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,546 (−0.6%)
$707,006 + $307,387
$1,014,393
2024
$11,619 (+2.2%)
$693,144 + $301,360
$994,504
2023
$11,372 (+1.7%)
$679,553 + $295,451
$975,004
2022
$11,183 (+1.9%)
$666,229 + $289,658
$955,887
2021
$10,973 (+1.4%)
$653,166 + $283,979
$937,145
2020
$10,822 (+2.3%)
$640,359 + $278,411
$918,770
2019
$10,576 (+2.2%)
$633,793 + $275,557
$909,350
2018
$10,349 (+1.9%)
$621,366 + $270,154
$891,520
2017
$10,155 (+3.6%)
$597,239 + $259,664
$856,903
2016
$9,801 (+2.0%)
$597,239 + $259,664
$856,903
2015
$9,612 (+0.4%)
$585,529 + $254,573
$840,102
2014
$9,578 (+3.5%)
$565,437 + $245,839
$811,276
2012
$9,251 (+1.9%)
$562,882 + $244,728
$807,610
2011
$9,082 (+2.8%)
$551,846 + $239,930
$791,776
2010
$8,837 (−1.0%)
$541,026 + $235,226
$776,252
2009
$8,929 (+2.1%)
$536,983 + $233,468
$770,451
2008
$8,744
$538,259 + $234,023
$772,282
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,838 Sq. Ft.
Year renovated
1985
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
5,974
Year built
1985
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5675003019
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R 2250
Medium Density Residential Zone
The R-2250 zone is intended primarily as a zone for medium density residential development with a minimum of 2,250 square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to promote medium size garden type multiple dwelling residential developments which are efficient and attractive in order to promote the health, safety and general welfare. Wireless telecommunication facilities are disfavored from locating in this zone, permitting these facilities only when no feasible alternatives site exists or when a denial would constitute a prohibition on the provision of the affected telecommunications service.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Jun 5, 2018 • Final
Roofing permit (all structures)
Work on a roof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Glendale, CA • 91205
Average low and high temperatures (°F)
71
48
73
50
76
53
74
53
77
57
81
60
87
63
88
65
85
65
81
58
73
51
70
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 809 E Chestnut St
There isn’t enough information to generate an accurate estimate at this time. Learn More