515 Chester St, Glendale, CA, 91203
About This Home
Exceptional Glendale Income Property Opportunity! Well-maintained 8-unit apartment building located in a desirable Glendale neighborhood, offering approximately 5,404 square feet of living space on a spacious lot. The property features an attractive unit mix of six 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing strong rental appeal and diversification for investors. Several units showcase updated interiors with modern kitchens, upgraded flooring, fresh finishes, and abundant natural light. The property offers 10 community parking spaces, a valuable amenity for tenants, along with on-site common areas and convenient access throughout the building. Its attractive curb appeal, well-kept grounds, and functional layout make this a compelling investment opportunity in one of Glendale's most sought-after rental markets. Conveniently located near shopping, dining, entertainment, major transportation corridors, and employment centers, this income-producing asset presents excellent long-term upside potential for both seasoned and first-time multifamily investors. Don't miss the opportunity to acquire a quality apartment building in a high-demand rental location.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1962
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Dishwasher,Gas Cooktop,Gas Oven,Microwave,Refrigerator
- Laundry features: None
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 8
Features
- Ceiling Fan(s),Open Floorplan,Quartz Counters,Recessed Lighting
- Door features: Mirrored Closet Door(s)
- Flooring: Laminate
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 5,404
- Total interior livable area: 5,404 sqft
Property
Details
- Parcel number: 5638010009
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 7,492 sqft
- Features: 6-10 Units/Acre
Parking
- Total spaces: 10
- Parking features: Attached Carport,Garage,Community Structure
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 8
- Uncovered spaces: 2
- Carport: Yes
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,422 | $185,064 |
| Home Insurance * | $336 | $4,032 |
| Property Taxes | $1,702 | $20,424 |
| Electricity | $1,158 | $13,905 |
| Total | $18,618 | $223,416 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $3,050,000 |
| 2021-10-21 | Sold | $2,795,000 |
| 2020-10-23 | Listing removed | $2,700,000 |
| 2020-07-13 | Listed for sale | $2,700,000 |
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