Courtesy of: Levon Alexanian Keller Williams World Media Center
Purchase Type: Buy
MLS ID: SR20197746
Days On Market: 73
Year Build: 1988
Lot size: 0.338
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 1127 Winchester Avenue
County: Los Angeles
Neighborhood: 626 - Glendale-northwest
We are pleased to exclusively offer for sale the Winchester Apartments, a turn-key multifamily asset in prime north Glendale. The property consists of sixteen condo mapped & remodeled units in heavily desired rental pocket of Glendale. The Winchester Apartments also come with in place tentative tract map giving the owner the option to sell each unit individually as condominiums, with an estimated $9MM sellout. Some of the capital upgrades include new ac units, granite countertops, and custom cabinets, stainless steel appliances, signage, lighting, fire sprinkler system through building. Prime North of Glenoaks location, provides great Verdugo and city views. Side by side parking, gated intercom access, gated parking, balconies, are just a few asset amenities.
The Winchester Apartments are comprised of (2) 3+2 rent avg. $2,373 | (12) 2+1.75 rent avg. $1,903 | (2) 1+1 rent avg. $1,535.
Prime North of Glenoaks location, provides great Verdugo and city views. Side by side parking, gated intercom access, gated parking, balconies, are just a few asset amenities. The Winchester Condo Apartments are being offered with approved and in place tentative tract map, individual parcels award an owner the option to sell each unit as condominiums, realizing a substantial economic gain on exit. Contact exclusive listing agent for O.M.