$4,900,000
$280K PRICE DROP

Estimated payment $30,398/month

Total Views 8,884
3 Beds
2 Baths
14,328 Sq Ft
$342 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • Laundry Room
  • Rectangular Lot
  • Horace Mann Elementary School Rated A-

About This Home

Pleased to present Windsor Court Apartments, a charming 16-unit apartment community located at 416 and 422 E. Windsor Road. The property consists of two 8-unit buildings, on separate, adjacent parcels. In total, there are (12) 1-bedroom/1-bathroom units, and (4) 2-bedroom/1-bathroom units, surrounding a landscaped courtyard. Amenities include an on-site laundry facility, (12) single-car garages, and additional open parking spaces. Both buildings have a brand new roof (2025). With a WalkScore © of 94, Windsor Court Apartments are within walking distance of countless conveniences and necessities, including parks, schools, restaurants, and churches. Both the Glendale Galleria and Americana at Brand are less than a mile away. The location also provides access to numerous local employment opportunities with major companies such as Walt Disney Imagineering, DreamWorks, and Countrywide Home Loans.

Listing Agent

Damien Breaux

Morgan Skenderian Brokerage Email: db@morganskenderian.com License #01460301 Listed on: 03/05/2025

Co-Listing Agent

Jay Skenderian

Morgan Skenderian Brokerage Email: db@morganskenderian.com License #01220368

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $54,249

Year Built

  • Built in 1939

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall
  • Rectangular Lot
  • 5675026003

Parking

  • 12 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 14,328 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 302504
  • Assessor Parcel Number 5675026002
  • $2,249 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,080
  • Fuel Expense $4,080
  • Gardener Expense $2,160
  • Insurance Expense $15,761
  • Maintenance Expense $21,570
  • Other Expense $1,250
  • Trash Expense $4,080
  • Water Sewer Expense $4,080
  • New Taxes Expense $54,249
  • Operating Expense $123,131
  • Gross Income $4,800
  • Net Operating Income $236,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$54,249

Year Built

Built in 1939

Lot Details

0

Parking

12

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Property Attached: Yes
  • Water Sewer Expenses: 4080.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2160.00
  • Parcel Number: 5675026002
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 341.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4080.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5675026003
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 19181.00
  • Lot Size Acres: 0.4403

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 4080.00
  • Fuel Expense: 4080.00
  • Gross Income: 4800.00
  • Gross Multiplier: 13.22
  • Gross Operating Income: 359501.00
  • Gross Scheduled Income: 370620.00
  • Insurance Expense: 15761.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 4800.00
  • Lot Size Area: 19181.0000 Square Feet
  • Maintenance Expense: 21570.00
  • Net Operating Income: 236370.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 123131.00
  • Other Expense: 1250.00
  • Other Expense Description: misc
  • Rent Control: Yes
  • Total Expenses: 123131.00

Tax Info

  • New Taxes Expense: 54249.00
  • Tax Census Tract: 3025.04
  • Tax Lot: 3
  • Tax Tract Number: 302504
  • Tax Annual Amount: 54249.00
  • TaxOtherAnnualAssessmentAmount: 2249.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2025 04/16/25 Price Changed $4,900,000 -5.4% $342 / Sq Ft
03/05/2025 03/05/25 For Sale $5,180,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25048587

California Regional Multiple Listing Service (CRMLS)