Listed by Jeanelle Mountford with GIG Real Estate Inc. 626-594-4901

1016 Winchester Ave apartment is located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers a superb location with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). Most of the tenants are long-time tenants that are on month-to-month leases. This provides significant upside potential to add value by increasing rent and return. 1016 Winchester Ave is a beautifully maintained townhome-style apartment community built in 1988. Due to its newer construction, it offers many desirable amenities such as gated parking, secured entrance, central A/C and heating in each unit, copper piping, and much more. It is situated on a quiet residential street surrounded by other single-family and condominium communities. It offers a superb unit mix on a large lot size of +-21,811 SF with a total building size of +-21,373 SF. The property has excellent curb appeal and has been well-maintained throughout current ownership with no known deferred maintenance. The strong unit mix and excellent location are perfect for an investor seeking growth, stability, and a hedge against inflation.