Two-Unit Duplex
New
For Sale
$999,999
319 W Windsor Road, Glendale, CA 91204
Glendale, CA
Property Size1,671 SF
Lot Size0.14 Acres
Price / SF$598.44
Days on Market1
Property Features for 319 W Windsor Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Laundry Room, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Parking
2
Lot features
Front Yard, Back Yard
Directions
Central / Maple
Subdivision
628 - Glendale-South of 134 Fwy
Standard status
Active
APN
5696017020
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1917
Floors in Building
1
Number of units
2
Listing Agency:
Brad Korb Real Estate Group
(818) 953-5300
Listed By:
Bradley Korb · License #00698730
(818) 859-0310
Added: Sep 16
Last Checked: Sep 16 at 11:06PM
MLS# BB26187304
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 319 W Windsor Road in Glendale, this duplex property contains 1,671 square feet of living space on a 6,088-square-foot lot. The layout includes a 2-bedroom, 2-bathroom primary residence and a separate rear house with 2 bedrooms and 1 bathroom, creating two distinct living areas within the same property. Built in 1917, the property includes 2 uncovered parking spaces and offers a configuration suited to multi-generational occupancy or separate residential use.
The property is served by public water and public sewer. Its Glendale location provides access to nearby shopping, dining, transportation, and everyday services. The lot measures 0.1398 acres, providing outdoor space in addition to the existing residential improvements.
The property is served by public water and public sewer. Its Glendale location provides access to nearby shopping, dining, transportation, and everyday services. The lot measures 0.1398 acres, providing outdoor space in addition to the existing residential improvements.
Key Highlights
- 1,671 square feet of living space on a 6,088‑square‑foot lot
- Two residences: a 2‑bedroom, 2‑bathroom primary unit and a separate 2‑bedroom, 1‑bathroom rear house
- 2 uncovered parking spaces
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
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences support flexible occupancy, with on-site parking and public water and sewer service.
Where is this duplex located?
The property is located at 319 W Windsor Road 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: 1,671 square feet of living space on a 6,088‑square‑foot lot; Two residences: a 2‑bedroom, 2‑bathroom primary unit and a separate 2‑bedroom, 1‑bathroom rear house; 2 uncovered parking spaces
