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420 W Windsor Road

Glendale, CA 91204

– beds
– baths
– sqft
~1/2 acre lot
1987 build
– on site

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. The pro forma cap rate of 4.1% encompasses the scheduled rent increases in 2024 and the new assessed value of $13,499,000 at a rate of 1.25%. Don’t miss out on the opportunity to purchase this exceptional building!

Listed By CRMLS_CA / George Ouzounian / The Agency / 818-900-4259

Last checked: Checking… • Last updated Oct 10, 2024 •

MLS# SR24026585 —

The Building

Year Built:

1987
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

23234.00
Building Area Units:

Square Feet
Total Number Of Units:

25
# of Buildings:

1
Architectural Style:

Traditional
Stories Total:

3
Number With Patio:

12
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

25
# of Separate Water Meters:

1
# of Separate Electric Meters:

25

Interior

Features:

Balcony, Granite Counters, Open Floorplan, Unfurnished
Levels:

Three Or More
Door Features:

Sliding Doors
Flooring:

Laminate, Tile
Room Type:

Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Inside
Laundry:

1

Location

Directions:

W Chevy Chase Dr to S Columbus Ave to W Windsor Rd
Latitude:

34.13621500
Longitude:

-118.26191900

The Property

Property Type:

Residential Income
Subtype:

Apartment
Property Condition:

Turnkey
Zoning:

GLR4*
Lot Features:

21-25 Units/Acre, Park Nearby
Lot Size Area:

19697.0000
Lot Size Acres:

0.4522
Lot Size SqFt:

19697.00
Lot Size Source:

Assessor
View:

1
View:

Hills, Mountain(s), Neighborhood, Trees/Woods, Valley
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

5696-019-043
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3024.01
Tax Tract:

302...
Tax Lot:

30

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5696019044

Heating & Cooling

Heating:

1
Heating:

Central, Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Oven, Gas Range, Refrigerator
Included:

Yes

The Community

Features:

Biking, Hiking, Park, Sidewalks, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/10/24 Oct 10, 2024	Price Changed	CRMLS_CA	$12,499,000	-3.8%
9/3/24 Sep 3, 2024	Price Changed	CRMLS_CA	$12,999,000	-3.7%
2/8/24 Feb 8, 2024	Listed / Active	CRMLS_CA	$13,499,000

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This multifamily located in Pacific-Edison, Glendale, CA 91204 is currently for sale for $12,499,000. 420 W Windsor Road is a – square foot multifamily with – beds and – baths that has been on Estately for 317 days. 420 W Windsor Road is in the Pacific-Edison neighborhood of Glendale and has a WalkScore® of 90, making it very walkable. This multifamily is in the attendance area of Theodore Roosevelt Middle School, Herbert Hoover Senior High School, and Cerritos Elementary School.

Listing Courtesy of: CRMLS_CA and The Agency. Based on information from California Regional Multiple Listing Service, Inc. as of 23:30 on Dec 21.

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.