CA > Glendale
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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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,145,000
Est. payment /mo
6,991 Sqft Lot
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UPDATED:

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

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

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