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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 (CAD) Annual Per SF (CAD)
Gross Rental Income $526,920 $51.04
Other Income $6,565 $0.64
Vacancy Loss $16,003 $1.55
Effective Gross Income $517,482 $50.12
Taxes $60,335 $5.84
Operating Expenses $94,875 $9.19
Total Expenses $155,209 $15.03
Net Operating Income $362,272 $35.09

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $526,920
Annual Per SF $51.04
Other Income (CAD)
Annual $6,565
Annual Per SF $0.64
Vacancy Loss (CAD)
Annual $16,003
Annual Per SF $1.55
Effective Gross Income (CAD)
Annual $517,482
Annual Per SF $50.12
Taxes (CAD)
Annual $60,335
Annual Per SF $5.84
Operating Expenses (CAD)
Annual $94,875
Annual Per SF $9.19
Total Expenses (CAD)
Annual $155,209
Annual Per SF $15.03
Net Operating Income (CAD)
Annual $362,272
Annual Per SF $35.09

Property Facts

Price $5,334,030 CAD
Price Per Unit $333,377 CAD
Sale Type Investment
Cap Rate 6.79%
Gross Rent Multiplier 10
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 - Multiple Family Residential

Amenities

Unit Amenities

  • Balcony

Site Amenities

  • Courtyard
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $2,560 CAD -
2+1 4 $3,296 CAD -
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5675-026-003
  • 5675-026-002
Land Assessment
$2,580,048 CAD (2025)
Improvements Assessment
$2,086,067 CAD (2025)
Total Assessment
$4,666,116 CAD (2025)
Annual Taxes
$60,335 CAD ($5.84 CAD/SF)
Tax Year
2024
  • Listing ID: 34925344

  • Date on Market: 2025-02-24

  • Last Updated:

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

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