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!
23,234 Sq Ft
0.4522 Private Acres Exterior Space
Apartment
Built in 1987
MLS/Listing ID SR25035164
25 Units
Tile
Balcony
Granite Countertops
Open Floor Plan
Unfurnished
Common Area
Gas Oven
Gas Range
Refrigerator
Style - Traditional
Inside
Lot - Near Park
Parking - Assigned
Hills View
Mountains View
Neighborhood View
Valley View
Trees Woods View
Community - Biking
Community - Hiking
Community - Street Lights
Community - Sidewalks
Community - Park
Laminate
Listing Courtesy of THE AGENCY, GEORGE OUZOUNIAN - 818-900-4259
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE