423 S Chevy Chase

Glendale, CA 91205

$1,195,000

4 beds
2 baths
1,423 sq ft
0.17 acres
Built 1919

Listed by Magic Realty · MLS #GD26175688

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423 S Chevy Chase, Glendale, CA 91205 · MLS #GD26175688

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1919.

Property size

0.17 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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DEVELOPMENT OPPORTUNITY IN GLENDALE – DUPLEX + ADJACENT VACANT LOT

Prime opportunity for investors and developers in Glendale! Located at 423 S. Chevy Chase Drive, this property features an existing duplex consisting of two separate buildings, with each unit offering 2 bedrooms and 1 bathroom.

The existing duplex sits on approximately 5,433 sq. ft. of land, and the sale also includes an adjacent approximately 2,000 sq. ft. residential vacant lot under a separate APN (5674-031-013). Combined, the parcels provide approximately 7,403 sq. ft. of land, offering an attractive opportunity for a buyer looking to explore the property's future development potential.

The combination of an existing duplex and additional vacant residential land creates a unique opportunity for an investor or developer to evaluate various development strategies. The property may offer potential for additional units or redevelopment, subject to applicable zoning, density, development standards, parking requirements, setbacks, and approval from the appropriate governmental agencies.

Conveniently located on Chevy Chase Drive near Adams Square, the property is situated in a desirable Glendale location with convenient access to local shops, restaurants, transportation, schools, and surrounding neighborhoods.

Two parcels. Existing duplex. Additional vacant residential land. Approximately 7,403 sq. ft. of combined land. An excellent opportunity for investors and developers to explore the property's potential.

Buyer to independently verify all information and conduct their own due diligence regarding zoning, permitted uses, development potential, allowable number of units, lot dimensions, square footage, parking requirements, building requirements, lot lines, and all other property-related matters. Seller and listing broker make no representations or warranties regarding future development potential or the number of units that may be constructed.

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THE NEIGHBORHOOD

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423 S Chevy Chase, Glendale, CA 91205

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1919
Full baths: 2
Garage spaces: 0
Cooling: WallWindowUnits
Pool: No
Pool features: None
Parcel: 5674031015
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$4,979.17

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

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Listing information

MLS #GD26175688 · California Regional MLS

Listing brokerage: Magic Realty
Listing agent: Sean Madadian

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.