NOT LISTED FOR SALE
3 Beds
3 Baths
11,882 Sq Ft
0.41 Acres

Last Sold July 01, 2024

Last sale price $4,000,000 $337 Per Sq Ft

5 Days on Market

Highlights

  • 0.41 Acre Lot
  • Laundry Room
  • Garden
  • Horace Mann Elementary School Rated A-

About This Home

As of July 2024

Rare opportunity in Glendale. Windsor Road is part of a 22 unit portfolio sale along side a 10 unit apartment building located at 508 Hill Dr. in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.

Last Agent to Sell the Property

Liza Valayati

Valiant Multi-Family Group Brokerage Phone: 714-357-4148 License #02113813 Listed on: 03/27/2024

Last Buyer's Agent

Liza Valayati

Valiant Multi-Family Group Brokerage Phone: 714-357-4148 License #02113813 Listed on: 03/27/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Garden

Parking

  • 3 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 11,882 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 4656
  • Assessor Parcel Number 5675022047
  • $1,715 per year additional tax assessments

Community Details

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,340
  • Fuel Expense $4,421
  • Insurance Expense $12,292
  • Trash Expense $9,550
  • Water Sewer Expense $4,612
  • Operating Expense $98,154
  • Gross Income $289,390
  • Net Operating Income $182,605

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4612.00
  • Zoning: GLR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5675022047
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 336.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Other
  • Trash Expense: 9550.00
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 17912.00
  • Lot Size Acres: 0.4112
  • Latitude Manual: 34.13682400

Multi Family

  • Electric Expense: 1340.00
  • Fuel Expense: 4421.00
  • Gross Income: 289390.00
  • Gross Scheduled Income: 289390.00
  • Insurance Expense: 12292.00
  • Lot Size Area: 17912.0000 Square Feet
  • Net Operating Income: 182605.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 98154.00
  • Rent Control: No
  • Total Expenses: 98154.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 3025.03
  • Tax Lot: 33
  • Tax Tract Number: 4656
  • TaxOtherAnnualAssessmentAmount: 1715.00

Range of Values:

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Value Increase
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Adjusted for Inflation
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Sold Price
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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
07/01/2024 07/01/24 Sold $4,000,000 -2.4% $337 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $4,100,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24060237

California Regional Multiple Listing Service (CRMLS)