605 E Windsor Road, Glendale , CA  91205 for $2,800,000 


 

Title of the document

 

Sold Date12/04/2019
Closed

605 E Windsor RoadGlendale, California CA91205-2479

Listing ID319003845

5,822 SqFt 0.174 Acres

$1,552,000

Amazing opportunity to own a 1980's gem in South Glendale right off of Glendale Avenue. This building was constructed in 1987 and consists of a 5,822 SQFT building consisting of (4) 2+2, and (4) 1+1 units on a large 7,558 SQFT lot. The 2-bedroom units have large balconies which can be used as extended living space. There are (14) tuck under assigned parking locations, but no'' soft story condition exists for 1980+ buildings. Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen. In addition, the building is equipped with ventral A/C, and a balcony. The property has a historically high occupancy rate and the rents are close to market in the apartments current state, so no issues with pending rent control discussions of the city of Glendale. That is, the current owner can re-position units once they become vacant and achieve higher rents.
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