$4,000,000
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0.41 Acres Lot
SOLD DATE : 07/01/2024
Key Details
Sold Price $4,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24060237
Sold Date 07/01/24
HOA Y/N No
Year Built 1976
Lot Size 0.411 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Total Parking Spaces 3
Private Pool No
Building
Lot Description Garden
Story 2
Sewer Other
Water Other
New Construction No
Others
Senior Community No
Tax ID 5675022047
Energy Description 4421.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Assumed
Special Listing Condition Standard
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Bought with Liza Valayati • Valiant Multi-Family Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States