Glendale, CA 91203,540 W Wilson Avenue
Glendale, CA 91203,540 W Wilson Avenue
Glendale, CA 91203,540 W Wilson Avenue
Glendale, CA 91203,540 W Wilson Avenue
Glendale, CA 91203,540 W Wilson Avenue
Glendale, CA 91203,540 W Wilson Avenue
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$3,000,000

$3,145,000

4.6%
Est.Price: ?

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Est. payment /mo

8 Beds


SOLD DATE : 07/16/2025

Key Details

Sold Price $3,000,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-22669

Sold Date 07/16/25

Bedrooms 8

Property Sub-Type Res Income 2-4 Units

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

Zoning Public Rec

Direction Kenilworth Ave and Wilson Ave. Between W Broadway and W Wilson.

Interior

Heating Forced Air Unit, Other/Remarks

Cooling Central Forced Air, Other/Remarks

Fireplace No

Exterior

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Level or Stories 2

Others

Tax ID 5638003057

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MLS Router / San Diego MLS
Listed by Melina Kalachian Keller Williams Realty
Bought with San Diego
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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