$4,000,000
$4,100,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
0.41 Acres Lot
SOLD DATE : 07/01/2024
Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24060237
Sold Date 07/01/24
Bedrooms 3
HOA Y/N No
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.
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 Glendale (91205)
Zoning Assessor
Building
Lot Description Curbs
Story 2
Sewer Other/Remarks
Others
Monthly Total Fees $142
Acceptable Financing Cash
Space Rent $1,705
Listing Terms Cash
Financing Assumable
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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! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States