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Multifamily

404 W. Windsor Rd

404 W Windsor Rd, Glendale, CA 91204

Listing Price: $1,550,000

Cap Rate
3.65%
Number of Units
4
Price/Unit
$387,500
Price/Gross SF
$595.01
Gross SF
2,605

Investment Overview

We are pleased to present 404 W. Windsor Road, a 4-unit multifamily property in Glendale that is on the market for the first time in 40 years. Built in 1923, the subject property consists of 2,605 sf of improvements spread out over three 1 bed/1 bath units and one 2 bed/1 bath unit. Currently, only one of the 1 bed/1 bath units is occupied, and the other three units will be delivered vacant. This property is comprised of two residential structures, one of which has a common area laundry room, and a third structure that is a private car garage. All units have individual water heaters and are separately metered for gas and electrical. The property sits on a 9,025 sf lot with R2250 zoning. A Buyer will have the option to explore the opportunity of adding ADUs to this site as well as renovating and re-leasing vacant units at current market rates. The property is well maintained, however it does need some minor cosmetic repairs along with some repairs to gas and plumbing lines. 404 W. Windsor Road is located just east of San Fernando Road and north of Chevy Chase. It is less than a mile from the Americana and within close proximity to retail centers, parks, schools and places of business. Its location allows tenants ease of access to the 2, 5 and 134 Freeways and access to surrounding neighborhoods like Atwater Village, Downtown Los Angeles, Burbank, Eagle Rock, and Los Feliz.

Investment Highlights

  • • 3 Units Delivered Vacant
  • • Three 1Bd/1Ba Units & One 2Bd/1Ba Unit
  • • Potential ADU Opportunity

Exclusively Listed By

Financing By

Multifamily

404 W. Windsor Rd

Listing Price: $1,550,000

Cap Rate
3.65%
Number of Units
4
Price/Unit
$387,500
Price/Gross SF
$595.01
Gross SF
2,605

Investment Highlights

  • • 3 Units Delivered Vacant
  • • Three 1Bd/1Ba Units & One 2Bd/1Ba Unit
  • • Potential ADU Opportunity

Investment Overview

We are pleased to present 404 W. Windsor Road, a 4-unit multifamily property in Glendale that is on the market for the first time in 40 years. Built in 1923, the subject property consists of 2,605 sf of improvements spread out over three 1 bed/1 bath units and one 2 bed/1 bath unit. Currently, only one of the 1 bed/1 bath units is occupied, and the other three units will be delivered vacant. This property is comprised of two residential structures, one of which has a common area laundry room, and a third structure that is a private car garage. All units have individual water heaters and are separately metered for gas and electrical. The property sits on a 9,025 sf lot with R2250 zoning. A Buyer will have the option to explore the opportunity of adding ADUs to this site as well as renovating and re-leasing vacant units at current market rates. The property is well maintained, however it does need some minor cosmetic repairs along with some repairs to gas and plumbing lines. 404 W. Windsor Road is located just east of San Fernando Road and north of Chevy Chase. It is less than a mile from the Americana and within close proximity to retail centers, parks, schools and places of business. Its location allows tenants ease of access to the 2, 5 and 134 Freeways and access to surrounding neighborhoods like Atwater Village, Downtown Los Angeles, Burbank, Eagle Rock, and Los Feliz.

Exclusively Listed By

Financing By

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