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Windsor Court Apartments 416 E Windsor Rd 16 Unit Apartment Building $4,400,000 ($275,000/Unit) 5.75% Cap Rate Glendale, CA 91205

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INVESTMENT HIGHLIGHTS

  • Sought-After Mix of Large 1- and 2-Bedroom Units
  • Brand New Roof (2025)
  • Close Proximity to Employment Centers
  • Two Adjacent Parcels, Totaling Almost ±20k Square Feet
  • Substantial Upside in Rents & ADU Potential
  • WalkScore © of 94 – Walker’s Paradise; 1-Mile to Glendale Galleria and Americana at Brand

EXECUTIVE SUMMARY

Morgan Skenderian, Inc. is pleased to present Windsor Court Apartments, a charming 16-unit apartment community located at 416 and 422 E. Windsor Road. The property consists of two 8-unit buildings, on separate, adjacent parcels. In total, there are (12) 1-bedroom/1-bathroom units, and (4) 2-bedroom/1-bathroom units, surrounding a landscaped courtyard. Amenities include an on-site laundry facility, (12) single-car garages, and additional open parking spaces. Both buildings have a brand new roof (2025).
With a WalkScore © of 94, Windsor Court Apartments are within walking distance of countless conveniences and necessities, including parks, schools, restaurants, and churches. Both the Glendale Galleria and Americana at Brand are less than a mile away. The location also provides access to numerous local employment opportunities with major companies such as Walt Disney Imagineering, DreamWorks, and Countrywide Home Loans.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $379,320 $36.74
Other Income $4,800 $0.46
Vacancy Loss $11,523 $1.12
Effective Gross Income $372,597 $36.09
Taxes - -
Operating Expenses - -
Total Expenses $119,389 $11.56
Net Operating Income $253,208 $24.53

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $379,320
Annual Per SF $36.74
Other Income
Annual $4,800
Annual Per SF $0.46
Vacancy Loss
Annual $11,523
Annual Per SF $1.12
Effective Gross Income
Annual $372,597
Annual Per SF $36.09
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $119,389
Annual Per SF $11.56
Net Operating Income
Annual $253,208
Annual Per SF $24.53

PROPERTY FACTS

Price $4,400,000
Price Per Unit $275,000
Sale Type Investment
Cap Rate 5.75%
Gross Rent Multiplier 11.45
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.44 AC
Building Size 10,324 SF
No. Stories 2
Year Built 1939
Parking Ratio 1.16/1,000 SF
Zoning GLR4YY

AMENITIES

SITE AMENITIES

  • Courtyard

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 $1,872 -
2+1 4 $2,286 -
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5675-026-002
  • 5675-026-003
Land Assessment
$1,883,247 (2025)
Improvements Assessment
$1,522,677 (2025)
Total Assessment
$3,405,924 (2025)
  • Listing ID: 34925344

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 416 E Windsor Rd, Glendale, CA 91205

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