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.
Listed by Michael Pesci
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License #01274379
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Keller Williams Studio City
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818-432-1627
Listed by James Antonucci
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License #01822661
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Keller Williams Studio City
Last updated March 11, 2026
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Source: CRMLS #26659441
Listing Facts
TypeMulti-family
NeighborhoodNorth Atwater
Bedrooms12
Days on Prevu14
Size6,430 sqft
Price per sqft$419
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/03/2026
Listed by Keller Williams Studio City
$2,695,000
Property Details for 4052 Chevy Chase Drive
Exterior
Construction
Number Of Units Total: 8
Stories: 2
Year Built: 1960
Measurements
Building Area Total: 6,430
Lot Size Acres: 0.16
Lot Size Area: 7,074
Lot Size Source: Other
Lot Size Square Feet: 7,074
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.0
Gross Income: $189,334.00
Taxes
Parcel Number: 5594013001
Interior
Measurements
Living Area: 6,430
Rooms
Bathrooms Total Integer: 8
Bedrooms Total: 12
Parking
Parking
Parking Features: Assigned
Parking Total: 8
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Wall Furnace
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 12 bedrooms in this multi-family home at 4052 Chevy Chase Drive.
Does this multi-family home have parking?
Yes, there are 8 parking spaces available for 4052 Chevy Chase Drive.
How does 4052 Chevy Chase Drive compare to other multi-family homes in North Atwater?
This multi-family home is listed 89% above the average price for multi-family homes in North Atwater and has been on the market for 80 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,430 sqft.
4052 Chevy Chase Drive is a 12-bedroom multi-family home for sale in Los Angeles CA 90039. Listed on Prevu for 14 days at $2,695,000. This home features 6,430 square feet of living space, located in Los Angeles. The median listing price for multi-family homes in this area is $1,274,500. The home offers parking. Explore more multi-family home listings in Los Angeles.
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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.