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About the Listing CLW-X75151 - CLW-C120853
We are pleased to present 331 W. Windsor Road, an exceptionally well-maintained 8-unit multifamily investment opportunity in the desirable Pacific-Edison neighborhood of southwest Glendale. This asset is subject to Glendale's Rental Ordinance (aligned with statewide AB 1482 provisions) allowing annual increases of 5% + CPI. This positions an investor to capture the remaining upside relatively quickly through standard adjustments. Additional income streams include monthly laundry income and parking income from five private one-car garages. Built in 1957, the asset totals 4,708 square feet and includes eight one-bed/one-bath units, of which five units have received extensive renovations that include modern appliances, quartz countertops, new kitchen cabinetry, new windows, and renovated bathrooms. Other capital expenditures include tankless water heaters, upgraded drain and sewer lines, new paint, new gutters, upgraded plumbing lines, new stairs, repaired walkways, electrical upgrades, artificial grass, and a new security system. Additional features include five private one-car garages, two surface parking spaces and on-site laundry with machines that are owned. The 7,559-square-foot lot is zoned R2250, rendering the current 8-unit configuration irreplaceable under existing zoningthis truly represents the highest and best use.Positioned just east of S. Central Avenue and three blocks north of W. Chevy Chase Drive, the property is under a mile from both The Americana at Brand and the Glendale Galleria. It offers excellent proximity to major thoroughfares and sits in one of Glendale's highest rental demand neighborhoods, prized for its local retail and access to business and amenities.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
26833517
Year Built
1957
Total Square Footage
4,708
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances: Disposal, Microwave, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R2250
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Assigned,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5696017004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
331 W Windsor Rd Glendale, CA 91204
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