$9,995,000

Estimated payment $54,037/month

Total Views 421
6 Beds
6 Baths
23,234 Sq Ft
$430 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Laundry closet
  • Forced Air Heating System
  • Herbert Hoover High School Rated A-

About This Home

We are pleased to present WinGlen Villas, a modernized, turnkey multifamily offering located just 2 minute drive from the Americana at Brand in Glendale. The property is being offered as one of if not the highest-yielding newer-construction opportunities currently available in the Tri-Cities market — Glendale, Burbank, and Pasadena — combining meaningful scale, strong day-one income, and durable long-term ownership fundamentals in a market defined by limited supply and high barriers to entry. WinGlen Villas features sharp unit modernizations, including select units with in-unit washer/dryers, individual water heaters, gated parking, and intercom-controlled access. The offering consists of two parcels: one improved with the existing apartment building and a second parcel providing potential future development upside of up to approximately 2,300 square feet. Please refer to the architect’s conceptual drawings in the Offering Memorandum for potential 3- or 4-unit scenarios. One of the property’s most compelling attributes is its immediate proximity to Glendale’s premier retail and lifestyle corridor, rated one of the top 15 retail destinations globally, The Americana at Brand and Glendale Galleria are just a 2-minute drive or approximately 10-minute walk from the property. With a 91 Walk Score, residents are minutes from Whole Foods, Porto’s, Erewhon, and many of the area’s most desirable dining, retail, and entertainment amenities. Glendale remains one of the most attractive rental markets in Southern California, supported by strong local services, highly regarded police and fire departments, blue-ribbon school systems, and a significant affordability gap between renting and homeownership. The city also currently allows the highest state-permitted annual rent increases, further enhancing the property’s long-term income growth profile. ** Offering memorandum by request, tours being scheduled. ** Some images digitally altered/staged. 25+1n.c. unit being converted to legal unit. You are always instructed to consult your tax, legal and financial advisors, information from reliable sources however no promises to accuracy of information, buyer/broker to verify.

Listing Agent

Levon Alexanian

Keller Williams World Media Center Brokerage Email: info@alexanianadvisors.com License #00911091 Listed on: 06/23/2026

Keller Williams World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 17,696 Sq Ft Lot
  • Two or More Common Walls
  • Density is 26-30 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 23,234 Sq Ft Home
  • 2-Story Property
  • Laundry closet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 5696019044
  • $2,461 per year additional tax assessments

Community Details

Building Details

  • 26 Separate Electric Meters
  • 26 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $239,739
  • Gross Income $69,660
  • Net Operating Income $579,463

Additional Features

  • 26 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.41 Acres

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5696019044
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 430.19

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Community, Common Area
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 17696.00
  • Lot Size Acres: 0.4062
  • Latitude Manual: 34.13617900

Multi Family

  • Gross Income: 69660.00
  • Gross Scheduled Income: 835920.00
  • Lot Size Area: 17696.0000 Square Feet
  • Net Operating Income: 579463.00
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 26
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 26
  • Operating Expense: 23739.00
  • Rent Control: No
  • Total Expenses: 239739.00

Tax Info

  • Tax Lot: 30
  • TaxOtherAnnualAssessmentAmount: 2461.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $611 $47,872 $47,728 $144
2024 $604 $46,935 $46,793 $142
2023 $592 $46,016 $45,876 $140
2022 $580 $45,115 $44,977 $138
2021 $572 $44,232 $44,096 $136
2019 $906 $42,922 $42,789 $133
2018 $860 $42,081 $41,950 $131
2016 $791 $40,449 $40,322 $127
2015 $782 $39,843 $39,717 $126
2014 $780 $39,063 $38,939 $124
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2026 06/27/26 Off Market $2,198 -- --
06/23/2026 06/23/26 Price Changed $2,198 0.0% $3 / Sq Ft
06/23/2026 06/23/26 For Sale $9,995,000 0.0% $430 / Sq Ft
05/23/2026 05/23/26 Price Changed $2,048 +5.1% $3 / Sq Ft
05/13/2026 05/13/26 Price Changed $1,948 -2.5% $3 / Sq Ft
05/01/2026 05/01/26 Price Changed $1,998 -4.8% $3 / Sq Ft
04/29/2026 04/29/26 Price Changed $2,098 -2.3% $3 / Sq Ft
04/22/2026 04/22/26 Price Changed $2,148 -2.3% $3 / Sq Ft
03/19/2026 03/19/26 Price Changed $2,198 -4.4% $3 / Sq Ft
02/11/2026 02/11/26 Price Changed $2,298 -4.2% $4 / Sq Ft
02/05/2026 02/05/26 Price Changed $2,398 +19.9% $4 / Sq Ft
02/04/2026 02/04/26 For Rent $2,000 0.0% --
12/18/2025 12/18/25 Sold $8,225,000 -21.7% $354 / Sq Ft View Prior Sale
10/01/2025 10/01/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $10,499,000 -4.5% $452 / Sq Ft
03/24/2025 03/24/25 Price Changed $10,999,000 -6.4% $473 / Sq Ft
02/17/2025 02/17/25 For Sale $11,749,000 -- $506 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $8,225,000 Old Republic Title Company
Individual Deed -- Gateway Title Company
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26136804

California Regional Multiple Listing Service (CRMLS)

APN: 5696-019-043

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