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$ 3,145,000
Est. payment /mo
Active
540 W Wilson AVE Glendale, CA 91203
6,991 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
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
Listed by Melina Kalachian Keller Williams Realty
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