Khanh Oberley
Douglas Elliman of CA, Inc.
(424) 407-8581
44 Total Sales
1 in Riverside Rancho
$1,765,000 Price
510 Winchester Ave Glendale, CA 91201
Riverside Rancho Neighborhood
3
Beds
2
Baths
11,866
Sq Ft
0.5
Acre Lot
Highlights
- 0.5 Acre Lot
- Laundry Facilities
- Dog Park
- Herbert Hoover High School Rated A-
About This Home
As of March 2021We are pleased to present for acquisition, the highest in-place cap rate available in Glendale for similar assets. The Win-Lake Apartments is a 17 unit apartment community located in the dynamic and supply constrained pocket adjacent to the Rancho Equestrian. Within a few minutes tenants can bike to the the major animation and movie studios. A well maintained asset, Win Lake offers a modernization opportunity with minor effort and can realize a cap rate of 5.7% at market rents. At the low $314,706 per unit and primarily 2 bedroom units, and just under half an acre, the offering delivers an affordable footprint in the supply constrained, high barrier to entry rental market of Glendale. Close to Griffith Park, downtown Glendale & downtown Burbank.
** email listing agent for complete offering memorandum **
Last Agent to Sell the Property
Keller Williams World Media Center License #00911091 Listed on: 12/22/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 21,685 Sq Ft Lot
- 1 Common Wall
- Density is 16-20 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 11,866 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 5626015022
Community Details
Recreation
- Dog Park
Building Details
- 18 Separate Electric Meters
- 18 Separate Gas Meters
- 18 Separate Water Meters
- Net Operating Income $230,876
Additional Features
- 17 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Riverside Rancho, CA
-
Khanh Oberley
-
David Nalbandyan
David Nalbandyan
LA Premier Realty
(747) 277-0134
82 Total Sales
3 in Riverside Rancho
$1.2M - $1.9M Price Range
-
Max Gonzalez
Max Gonzalez
Buena Vista Realty
(323) 694-2948
63 Total Sales
2 in Riverside Rancho
$805K - $910K Price Range
-
Cherryl Weaver
Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
29 Total Sales
1 in Riverside Rancho
$980,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
119 Total Sales
1 in Riverside Rancho
$1,065,000 Price
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
122 Total Sales
1 in Riverside Rancho
$1,150,000 Price
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 |
|---|---|---|---|---|
| 03/02/2021 03/02/21 | Sold | $5,300,000 | -0.9% | $447 / Sq Ft |
| 01/15/2021 01/15/21 | Pending | -- | -- | -- |
| 12/22/2020 12/22/20 | For Sale | $5,350,000 | -- | $451 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $64,007 | $5,736,888 | $2,294,755 | $3,442,133 |
| 2024 | $62,908 | $5,624,401 | $2,249,760 | $3,374,641 |
| 2023 | $61,485 | $5,514,120 | $2,205,648 | $3,308,472 |
| 2022 | $60,439 | $5,406,000 | $2,162,400 | $3,243,600 |
| 2021 | $21,389 | $1,806,342 | $632,885 | $1,173,457 |
| 2020 | $21,093 | $1,792,321 | $626,396 | $1,165,925 |
| 2019 | $20,613 | $1,757,266 | $614,114 | $1,143,152 |
| 2018 | $20,040 | $1,722,899 | $602,073 | $1,120,826 |
| 2016 | $19,009 | $1,651,674 | $578,695 | $1,072,979 |
| 2015 | $18,638 | $1,626,865 | $570,003 | $1,056,862 |
| 2014 | $18,586 | $1,594,998 | $558,838 | $1,036,160 |
Source: Public Records
Agents Affiliated with this Home
-
Levon Alexanian
Seller's Agent in 2021
Levon Alexanian
Keller Williams World Media Center
(818) 219-3366
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20261812
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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