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Investment Highlights

  • Rare Glendale 1987 asset for sale
  • Only $382K per unit
  • Ability to add 4 ADUs on 2nd parcel
  • 5.8% on current | 11.9 GRM
  • 91 WalkScore - Americana, Erewhon, Whole Foods
  • Stabilized asset | high barrier to entry

Executive Summary

Alexanian Apartment Advisors is pleased to present WinGlen Villas, a modernized, turnkey multifamily offering located just 2 minute drive from the Americana at Brand in Glendale.
The property is being offered as one of if not the highest-yielding newer-construction opportunities currently available in the Tri-Cities market — Glendale, Burbank, and Pasadena — combining meaningful scale, strong day-one income, and durable long-term ownership fundamentals in a market defined by limited supply and high barriers to entry.
WinGlen Villas features sharp unit modernizations, including select units with in-unit washer/dryers, individual water heaters, gated parking, and intercom-controlled access. The offering consists of two parcels: one improved with the existing apartment building and a second parcel providing potential future development upside of up to approximately 2,300 square feet. Please refer to the architect’s conceptual drawings in the Offering Memorandum for potential 3- or 4-unit scenarios.
One of the property’s most compelling attributes is its immediate proximity to Glendale’s premier retail and lifestyle corridor, rated one of the top 15 retail destinations globally, The Americana at Brand and Glendale Galleria are just a 2-minute drive or approximately 10-minute walk from the property. With a 91 Walk Score, residents are minutes from Whole Foods, Porto’s, Erewhon, and many of the area’s most desirable dining, retail, and entertainment amenities.
Glendale remains one of the most attractive rental markets in Southern California, supported by strong local services, highly regarded police and fire departments, blue-ribbon school systems, and a significant affordability gap between renting and homeownership. The city also currently allows the highest state-permitted annual rent increases, further enhancing the property’s long-term income growth profile.
** Offering memorandum by request, tours being scheduled, contact listing agent for more info. **
Some images digitally altered/staged. 25+1n.c. unit being converted to legal unit. You are always instructed to consult your tax, legal and financial advisors, information from reliable sources however no promises to accuracy of information, buyer/broker to verify.

Property Facts

Price $9,995,000
Price Per Unit $384,423
Sale Type Investment
Cap Rate 5.80%
Gross Rent Multiplier 11.9
No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 25,334 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1987/2026
Parking Ratio 1.81/1,000 SF
Zoning R4, Glendale - Multiple Dwelling Zone

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Tile Floors
  • Granite Countertops
  • Refrigerator
  • Oven
  • Stainless Steel Appliances

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Online Services
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 - 650
2+2 12 - 1,150
3+2 4 - 1,350
Studios 1 - -
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5696-019-044
  • 5696-019-043
Land Assessment
$981,831
Improvements Assessment
$1,605,285
Total Assessment
$2,587,116
  • Listing ID: 41028500

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 420 W Windsor Rd, Glendale, CA 91204

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