Duplex With Separate Rear
For Sale
$999,999
319 W Windsor RD, Glendale, CA 91204
Two separate residences provide flexible occupancy options on a substantial residential lot.
Property Size1,671 SF
Lot Size0.14 Acres
Price / SF$598.44
Days on Market8
Property Features for 319 W Windsor RD
General Information
Standard status
Active
Size
1,671 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
1,671 SF
Year Built
1917
Buildings
2
Listing Agency:
Brad Korb Real Estate Group
Listed By:
Bradley Korb · License #00698730
(818) 953-5300
Source:
Rochellemaize
Added: Sep 16
Changed: Sep 20
Last Checked: Sep 22 at 11:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brad Korb Real Estate Group
Investment Insights
Based on property information with market context.
This duplex property includes 1,671 square feet of living space across an owner’s residence and a separate rear house. The primary unit contains 2 bedrooms and 2 bathrooms, while the rear residence offers 2 bedrooms and 1 bathroom. Built in 1917, the property provides two distinct living spaces that can support owner occupancy, multigenerational use, or rental arrangements.
The parcel measures 6,088 square feet and includes 2 uncovered parking spaces. Its Glendale setting offers access to nearby amenities, shopping, dining, transportation, and everyday services. Additional construction or expansion is subject to applicable zoning and city approvals.
The parcel measures 6,088 square feet and includes 2 uncovered parking spaces. Its Glendale setting offers access to nearby amenities, shopping, dining, transportation, and everyday services. Additional construction or expansion is subject to applicable zoning and city approvals.
Key Highlights
- Two separate residences: a 2‑bedroom, 2‑bathroom primary unit and a 2‑bedroom, 1‑bathroom rear house
- 1,671 square feet of total living space
- 6,088 square foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,218
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$724,360
$724.4K
Cap Rate 7%
$517,400
$517.4K
Cap Rate 9%
$402,422
$402.4K
Market Conditions
NOI Build-Up for 1,671 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.1K $33.00/SF
− Vacancy
−$3.4K −$2.04/SF
EGI
$51.7K $30.96/SF
− OpEx
−$15.5K −$9.29/SF
NOI
$36.2K $21.67/SF
Area
Glendale, CA
Vacancy
6.17%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$724,360
Cap Rate 7%
$517,400
Cap Rate 9%
$402,422
Alternative Uses
Best Use
Multifamily LT 5
$517.4K
$452.7K – $603.6K
NOI $36,218 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$449.3K
$393.1K – $524.2K
NOI $31,451 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$1.00M
$879.4K – $1.17M
NOI $70,349 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
4,672
Businesses Nearby
Explore this area
Business Placement
Demographics for 91204, CA
17,302
Population
7,095
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
1.0 sq mi
ZIP Area
17,302
Density / Sq Mi
$72,906
Median Household Income
$41,556
Median Earnings
$1,924
Median Rent
$747,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide flexible occupancy options on a substantial residential lot.
Where is this duplex located?
The property is located at 319 W Windsor RD Glendale, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two separate residences: a 2‑bedroom, 2‑bathroom primary unit and a 2‑bedroom, 1‑bathroom rear house; 1,671 square feet of total living space; 6,088 square foot lot
