420 W Windsor Road, Glendale, CA 91204
- $10,499,000
- List Price
- $10,499,000
- Price Change
- ▼ $500,000 1748477683
- Status
- ACTIVE
- MLS#
- SR25035164
- Year Built
- 1987
- Lot Size
- 19,697
- Acres
- 0.45
- Lot Location
- 21-25 Units/Acre, Near Park
- Days on Market
- 215
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
Property Description
Price Improvement! Calling all Investors!!!! Presenting 420 W Windsor Rd – a remarkable opportunity to acquire a rare apartment building boasting 25 units in Glendale! Nestled on a charming tree-lined street just a few blocks away from the Americana and Griffith Park, and offering a convenient commute to downtown, this meticulously maintained property was constructed in 1987 on a spacious 2.25-acre lot (totaling 19,697 SF). Comprising (9) 1-bed, 1-bath, (12) 2-bed, 2-bath, and (4) 3-bed, 2-bath units, each equipped with central AC and eight units featuring balconies, this property provides a comfortable and attractive living space. Additionally, there is an existing unpermitted 1-bed, 1-bath unit on the ground level, currently utilized by the owners as office space and storage. Under the dedicated ownership and management of the current owner for nearly three decades, the rental rates have consistently experienced an annual increase of 4-7%. For added convenience, the owner is open to assisting with management for up to a year post-closing. Don’t miss out on the opportunity to purchase this exceptional building!
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Additional Information
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Central, Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Hills, Mountain(s), Neighborhood, Valley, Trees/Woods
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Granite Counters, Open Floorplan, Unfurnished
- Attached Structure
- Attached
- Number Of Units Total
- 25
- Gross Scheduled Income
- $741,276
- Operating Expense
- 208726
Listing courtesy of Listing Agent: George Ouzounian (GeorgeAndGina@TheAgencyRE.com) from Listing Office: The Agency.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.