ActiveResidential · sale

420 W Windsor

Glendale, CA 91204

$9,995,000

  • 0.41 acres
  • Built 1987

Listed by Keller Williams World Media Center · MLS #SR26136804

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1987.

Property size

0.41 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

We are 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. **



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.

THE NEIGHBORHOOD

Explore the location.

420 W Windsor, Glendale, CA 91204

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THE DETAILS

The details, all in one place.

Property type
ResidentialIncome
Category
Residential
Year built
1987
Garage spaces
0
Heating
ForcedAir
Pool
No
Pool features
None
Parcel
5696019044

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$41,645.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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420 W Windsor, Glendale, CA 91204 · MLS #SR26136804

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Glendale.

Listing information

MLS #SR26136804 · California Regional MLS

Listing brokerage: Keller Williams World Media Center
Listing agent: Levon Alexanian

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.