CA > Glendale
Glendale, CA 91203,540 W Wilson AVE
Glendale, CA 91203,540 W Wilson AVE
Glendale, CA 91203,540 W Wilson AVE
Glendale, CA 91203,540 W Wilson AVE
Glendale, CA 91203,540 W Wilson AVE
Glendale, CA 91203,540 W Wilson AVE
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Natalie Miranda

Natalie Miranda

The Whipple Group

$ 3,145,000
Est. payment | /mo

6,991 Sqft Lot

Save
$ 3,145,000
Est. payment | /mo
Save

6,991 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-22669

HOA Y/N No

Year Built 1987

Lot Size 6,991 Sqft

Property Description

Offered at $3,145,000, 540 W Wilson Ave is a rare 7-unit multifamily asset located in the heart of Glendale, one of Southern California's most stable and high-demand rental markets.Built in 1987, the property features a desirable unit mix of all 2-bedroom, 1.5-bath units totaling 5,936 square feet on a 6,992 square foot lot. The building is fully occupied with long-term tenants and offers clear rental upside. Recent capital improvements include a brand-new roof, new central A/C systems. With copper plumbing, and 80's construction electrical systems, reduces near-term maintenance needs and enhances long-term value. Shared amenities include a community laundry room and 12 on-site parking spaces, increasing tenant appeal and operational efficiency.This turnkey investment is centrally located near Glendale Galleria, The Americana at Brand, major employers, public transit, and freeway access--making it a magnet for working professionals and families alike.Known for its top-rated schools, low vacancy, and strict development limits, Glendale remains one of the most desirable submarkets for multifamily investment in Los Angeles County. With strong in-place income, quality improvements, and room for future rent growth, this property presents an ideal opportunity for 1031 exchange buyers, long-term holders, or investors seeking durable cash flow with upside in a proven market.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Interior

Heating Forced Air, See Remarks

Cooling Central Air, See Remarks

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range

Laundry Common Area

Exterior

Parking Features See Remarks

Fence Stucco Wall

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type See Remarks

Total Parking Spaces 12

Private Pool No

Building

Story 2

Others

Senior Community No

Tax ID 5638003057

Energy Description 2941.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Melina Kalachian • Keller Williams Realty

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agent
Natalie Miranda

Marketing Director | License ID: 02122928

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540 W Wilson AVE