420 West Windsor Road

Glendale, CA 91204

$13,499,000
Price
6
Beds
41
Baths
23,234 Sq. Ft.
$581 / Sq. Ft.
23,234
Sq. Ft.
$581
per Sq. Ft.

Description

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...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!
  1. Listed by George Ouzounian • DRE #01948763 • Brokerage DRE #01904054 • The Agency • 818-900-4259
  2. Listed by Grigor Aleksanian • DRE #02069401 • Brokerage DRE #01904054 • The Agency

Property Details for 420 West Windsor Road

Architectural Style
Traditional
View
Hills, Mountain(s), Neighborhood, Trees/Woods, Valley
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
25.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Grigor Aleksanian, DRE #02069401
Add your commute
LISTING UPDATED: 02/21/2024 07:37 AM

Property Details for 420 West Windsor Road

StatusActive
MLS #SR24026585
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
CountyLos Angeles County

Location

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Grigor Aleksanian, DRE #02069401
Add your commute

Building Information for 420 West Windsor Road

Building/Complex420 W Windsor RdFloor-Stories3Residences-Pet Policy-Year Built1987Building Size-

Payment Calculator

$73,719 per month

30 year fixed, 7.25% Interest

Principal and Interest

$73,670

Property Taxes

$49

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 420 West Windsor Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $4,800
  • Gross Scheduled Income: $741,276
  • Net Operating Income: $559,550
  • Laundry Income: $18,000
  • Other Income Description: Storage
  • Other Income 1: $4,200
  • Cap Rate: 4.1
Expense Details
  • Operating Expense: $208,726
  • New Taxes Expense: $168,750
  • Insurance Expense: $3,976
  • Maintenance Expense: $6,000
  • Professional Management Expense: $0
  • Trash Expense: $6,000
  • Water Sewer Expense: $24,000
  • Total Expenses: $208,726
Tax / Assessment Info
  • Tax Tract Number: 302...
  • Tax Census Tract: 3024.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 30
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Equipment: Inside, Laundry Area, Refrigerator
  • Interior Features: Balcony, Granite Counters, Open Floorplan, Unfurnished
  • Room Type: Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central, Forced Air
  • Heating: Central, Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Laminate, Tile
Exterior Features
  • Door Features: Sliding Doors
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: 0
  • Property Condition: Turnkey
  • View Description: Hills, Trees/Woods, Valley
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 5696-019-043
  • Lot Features: 21-25 Units/Acre, Park Nearby
  • Number Of Units: 25
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available
  • Electric: Cable Available, Electricity Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $213,312
  • Unit Type Total Rent: $213,312
  • Unit Type Pro Forma: 223716
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $351,768
  • Unit Type Total Rent: $351,768
  • Unit Type Pro Forma: 364080
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $145,620
  • Unit Type Total Rent: $145,620
  • Unit Type Pro Forma: 153000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 25
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 25
  • Number Of Separate Gas Meters: 25
  • Number Of Separate Water Meters: 1
  • Number With Patio: 12

Property History for 420 West Windsor Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 420 West Windsor Road

Taxable ValueLand$45,876Additions$140Total$46,016
Tax Record2023$592 ($49 / month)
Home Facts
Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtLot Size2,094 SqFtStyleParking LotYear Built1959ZoningGLR4*CountyLOS ANGELESAPN5696-019-043

Schools near 420 West Windsor Road

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Cerritos Elementary School
PublicK to 6

Theodore Roosevelt Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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420 West Windsor Road is a multi-family home for sale in Glendale, CA 91204. This property was listed for sale on February 8, 2024 by The Agency, it's currently listed at $13,499,000. This listing's school district is Glendale Unified School District. Nearby schools include Cerritos Elementary School, Theodore Roosevelt Middle School and Herbert Hoover High School. 420 West Windsor Road is a 6-bed, 41-bath, 23,234 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, George Ouzounian, DRE #01948763; The Agency, Grigor Aleksanian, DRE #02069401

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.