331 W Windsor Road, Glendale, CA 91204
331 W Windsor Road, Glendale, CA 91204
331 W Windsor Road, Glendale, CA 91204
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$2,250,000
Est. payment /mo
4,708 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,708 sqft

Price per Sqft $477

MLS Listing ID CL26833517

HOA Y/N No

Year Built 1957

Lot Size 7,559 Sqft

Acres 0.1735

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning R2250

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 5696017004


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Bridge MLS
Listed by Sevak Keshishian • Marcus & Millichap

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Jason Moorman

Jason Moorman

+1(925) 308-3288

Realtor License ID: CA 1964853

Realtor License ID: CA 1964853

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