www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30073191
30073192

4052 Chevy Chase Dr, Los Angeles, CA 90039

JA
CA CA 01822661
KW Commercial Studio City
MP
CA 01274379
KW Commercial Studio City
Listed by KW Commercial Studio City
$2,395,000
91 days on market
Updated 42 days ago

4052 Chevy Chase Dr

Details
APN 5594-013-001
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,430
Net Rentable (SqFt) 6,430
Units 8
Cap Rate 4.59%
NOI $109,885
Occupancy 100%
Pro-Forma Cap Rate 5.85%
Pro-Forma NOI $140,159
Price per SqFt $372
Class C
Year Built 1960
Buildings 1
Stories 2
Lot Size (SqFt) 7,099
Zoning LAR1
Parking Spaces 8 per unit
Occupancy Date 03/04/2026
Sale Condition For sale by owner

Multifamily | 8 Units | Soft Story Retrofitting Completed | Great Los Angeles Location

Marketing 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.

Listing Contacts

JA
CA CA 01822661
KW Commercial Studio City
MP
CA 01274379
KW Commercial Studio City
Listed by KW Commercial Studio City

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,885.00
$9,157.08/mo

Valuation Metrics

0
DSCR
4.59%
Cap Rate
4.59%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
James Antonucci
License
CA 01822661
Brokerage
KW Commercial Studio City
Brokerage Phone
8183816601
Title
Vice President of Investments
Brokerage Address
4605 Lankershim Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591