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!
For sale
Listing Provided by:
George Ouzounian DRE #01948763 818-900-4259,
The Agency,
Grigor Aleksanian DRE #02069401,
The Agency
Price cut: $500K (5/28)
$10,499,000
420 W Windsor Rd, Glendale, CA 91204
45beds
41baths
23,234sqft
Est.:
Multi Family
Built in 1987
-- sqft lot
$10,098,200 Zestimate®
$452/sqft
$-- HOA
What's special
Charming tree-lined streetCentral ac
- 173 days
- on Zillow |
- 150 |
- 10 |
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