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1119 Winchester Avenue

Glendale, CA 91201
  • $3,950,000
  • STATUS: Active
  • ON SITE: 435 Days
  • MLS #: GD23226633
UPDATED: 91 min ago
$3,950,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Sean Madadian of Magic Realty (818-240-8080)


Description

Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/146514240
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1119 Winchester Avenue Glendale, CA 91201

  • Price: $3,950,000
  • Status: Active
  • On Site: 435 Days
  • Updated: 91 min ago
  • MLS #: GD23226633
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1989
Built
Neighborhood:
626 - Glendale-Northwest
County:
Los Angeles
Area:
626 - Glendale-Northwest
Property Description
Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!
Exterior Features

Entry Level 1 Entry Location Street Level Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No

Interior Features

Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Interior Features BalconyBedroom on Main LevelMain Level Primary

Property Features

Additional Parcels YN No Cap Rate 4.05 Common Interest Community Apartment Community Features Sidewalks Electric Expense 5212 Garage YN Yes Gross Income 240686 Gross Scheduled Income 242136 Insurance Expense 4250 Land Lease YN No Laundry Features Laundry Closet Levels OneThree Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 2500 Net Operating Income 172086 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 70050 Other Expense 44000 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 3488 Water Sewer Expense 3500 Water Source Public Zoning GLR4YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-20T00:29:11.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Sean Madadian of Magic Realty (818-240-8080)