We are pleased to present 331 W. Windsor Road, an exceptionally well-maintained 8-unit multifamily investment opportunity in the desirable Pacific-Edison neighborhood of southwest Glendale. This asset is subject to Glendale's Rental Ordinance (aligned with statewide AB 1482 provisions) allowing annual increases of 5% + CPI. This positions an investor to capture the remaining upside relatively quickly through standard adjustments. Additional income streams include monthly laundry income and parking income from five private one-car garages. Built in 1957, the asset totals 4,708 square feet and includes eight one-bed/one-bath units, of which five units have received extensive renovations that include modern appliances, quartz countertops, new kitchen cabinetry, new windows, and renovated bathrooms. Other capital expenditures include tankless water heaters, upgraded drain and sewer lines, new paint, new gutters, upgraded plumbing lines, new stairs, repaired walkways, electrical upgrades, artificial grass, and a new security system. Additional features include five private one-car garages, two surface parking spaces and on-site laundry with machines that are owned. The 7,559-square-foot lot is zoned R2250, rendering the current 8-unit configuration irreplaceable under existing zoningthis truly represents the highest and best use. Positioned just east of S. Central Avenue and three blocks north of W. Chevy Chase Drive, the property is under a mile from both The Americana at Brand and the Glendale Galleria. It offers excellent proximity to major thoroughfares and sits in one of Glendale's highest rental demand neighborhoods, prized for its local retail and access to business and amenities.
Pacific-Edison, located between Pacific Avenue and Brand Boulevard, is a residential and commercial Glendale neighborhood with early-20th-century bungalows and a walkable grid of side streets. The neighborhood’s character concentrates around the Brand Boulevard and Broadway corridor, where independent cafes, dessert counters, and small storefronts keep the sidewalks active. Architectural details lean toward Craftsman and Spanish Revival, with mature street trees softening the blocks. The Americana at Brand adds an open-air plaza feel and a steady stream of foot traffic. The Alex Theatre anchors the cultural calendar with marquee-lit nights. Central Park supplies lawns, paths, and a calm counterpoint to the retail streets.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Standard unit layouts
No disclosed other structures
Bedrooms
Eight 1-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Refrigerator
Range/oven
Microwave
Garbage disposal
Laundry & utility
Building has water heaters
Heating & cooling
Wall heat
Wall/window air conditioning units
Exterior features
Lot approximately 0.1729 acres
Zoning: R2250
Home design
Residential income property
Two-level buildings (2 buildings)
Parking
Assigned garage parking
Construction
No additional structures listed
HOA & community
Total of 8 units in the complex
Financial info
Gross income: $189,528
Gross operating income: $193,442
Net operating income: $136,564
Total annual expenses: $56,878
Cap rate: 6.07%
Gross rent multiplier: 11.87
Vacancy rate: 1% (vacancy allowance $5,702 / 3%)
Rental detail highlights: current rents vary by unit (examples: $2,295; $2,195; $1,615; $1,683; $1,466) with projected rents generally listed at $2,200
Electricity and solar
View estimated energy costs and solar savings for this home
The R-2250 zone is intended primarily as a zone for medium density residential development with a minimum of 2,250 square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to promote medium size garden type multiple dwelling residential developments which are efficient and attractive in order to promote the health, safety and general welfare. Wireless telecommunication facilities are disfavored from locating in this zone, permitting these facilities only when no feasible alternatives site exists or when a denial would constitute a prohibition on the provision of the affected telecommunications service.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Mar 22, 2025 • Final
Building (multi-family or condominium) - alteration/repair
Remodel a kitchen and one bathroom. Replace fixtures in their existing locations. No structural changes, wall movements, or exterior changes are included.
Bathroom
Kitchen
Remodel
Mar 12, 2025 • Final
Building (multi-family or condominium) - alteration/repair
Remodel a kitchen and one bathroom. Replace fixtures in their existing locations. No structural changes, wall movements, or exterior changes are included.
Bathroom
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Glendale is an awesome LA suburb! Stunning tree-lined streets, epic hillside views, walkable downtown energy, and super family charm — all at medians around $1M–$1.15M — with buyer momentum building and steady appreciation, it's the ideal place to...
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Glendale, CA • 91204
Average low and high temperatures (°F)
71
48
73
50
76
53
74
53
77
57
81
60
82
61
88
65
85
64
81
58
73
51
70
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 331 W Windsor Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
This home may not be allowing tours right now
The seller has already accepted an offer. You can request a tour anyway or ask an agent about submitting a backup offer.