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Glendale, CA 91201 1119 Winchester Avenue

$3,999,500

1119 Winchester Avenue Glendale, Ca - Image 11119 Winchester Avenue Glendale, Ca - Image 21119 Winchester Avenue Glendale, Ca - Image 3
Presented By: Sean Madadian with Magic Realty; smmagicrealty@gmail.com
  • MLS# GD23226633
  • 01/09/2024
  • Request Tour
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  • BedBeds • 14
  • BathBaths • 3
  • FootageSQFT • 6,952
  • GarageGarage • 12

Home Details

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!
Presented By: Sean Madadian with Magic Realty; smmagicrealty@gmail.com

Interior Features for 1119 Winchester Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesLaundryCloset
Street SuffixAvenue
Total Stories3

Other Rooms

Entry Level1

General for 1119 Winchester Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.05
Carport Y/NNo
CityGlendale
Community FeaturesSidewalks
CoolingCentralAir
CountyLos Angeles
Days on Market99
DirectionsNorth of Glenoaks Blvd on Winchester Ave
Electric Expense5212.0
Entry LocationStreet Level
Garage Spaces12.0
Garage Y/NYes
Gross Income240686.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense4250.0
Interior FeaturesBalcony, BedroomonMainLevel, MainLevelPrimary
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, ThreeOrMore
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet7208.0
MLS Area626 - Glendale-Northwest
MaintenanceExpense2500.0
MobileHomeRemainsYNNo
Net Operating Income172086.0
New ConstructionNo
Number of Units Leased8
Operating Expense70050.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameWinchester
Tax Lot18
Tenant PaysAllUtilities
Total Units8
Trash Expense3488.0
View Y/NNo
Water Sewer Expense3500.0
Waterfront Y/NNo
Year Built1989
Year Built SourceOwner
ZoningGLR4YY

Exterior for 1119 Winchester Avenue

Building Area Total6952.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1655
Lot Size Area7208.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters8
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,999,500
MLS#GD23226633
List Date 01/09/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors