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824 E Windsor Road

Glendale, CA 91205
  • $4,100,000
  • STATUS: Pending
  • ON SITE: 24 Days
  • ID#: OC24060237
Pending
UPDATED: 232 min ago
$4,100,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1976
County:

School Ratings & Info

Listing Agent(s): Liza Valayati of Valiant Multi-Family Group (714-608-2425)


Description

Rare opportunity in Glendale. Windsor Road is part of a 22 unit portfolio sale along side a 10 unit apartment building located at 508 Hill Dr. in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/148942720
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824 E Windsor Road Glendale, CA 91205

  • Price: $4,100,000
  • Status: Pending
  • On Site: 24 Days
  • Updated: 232 min ago
  • ID#: OC24060237
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1976
Built
Neighborhood:
628 - Glendale-South of 134 Fwy
County:
Los Angeles
Area:
628 - Glendale-South of 134 Fwy
Property Description
Rare opportunity in Glendale. Windsor Road is part of a 22 unit portfolio sale along side a 10 unit apartment building located at 508 Hill Dr. in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Garden Number Of Separate Electric Meters 12 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Curbs Electric Expense 1340 Fuel Expense 4421 Garage YN Yes Gross Income 289390 Gross Scheduled Income 289390 Insurance Expense 12292 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New Loan Net Operating Income 182605 New Construction YN No Number Of Separate Gas Meters 12 Number Of Separate Water Meters 1 Operating Expense 98154 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Trash Expense 9550 Vacancy Allowance Rate 3 Water Sewer Expense 4612 Water Source Other Zoning GLR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395
Listing Agent(s): Liza Valayati of Valiant Multi-Family Group (714-608-2425)