540 Wilson Avenue, Glendale, CA 91203
  • MLS#: P1-22669 ( )
  • Street Address: 540 Wilson Avenue
  • Viewed: 4
  • Price: $3,145,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 0
  • Days On Market: 56
  • Additional Information
  • County: LOS ANGELES
  • City: Glendale
  • Zipcode: 91203
  • Subdivision: Other
  • Provided by: Keller Williams Realty
  • Contact: Melina Melina
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Free-Standing Range
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 5936.00
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. See Remarks
Country
  1. US
Fencing
  1. Stucco Wall
Fireplace Features
  1. None
Fuel Expense
  1. 2941.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1920.00
Heating
  1. Forced Air
  2. See Remarks
Insurance Expense
  1. 3240.00
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Community
Laundry Income
  1. 1200.00
Lockboxtype
  1. See Remarks
  2. None
Netoperatingincome
  1. 186375.00
Newtaxesexpense
  1. 37740.00
Parcel Number
  1. 5638003057
Parking Features
  1. See Remarks
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Roof
  1. See Remarks
Sourcesystemid
  1. 2025060922153984194600...
Sourcesystemkey
  1. 20250609221539841946000000:CRF
Spa Features
  1. None
Subdivision Name Other
  1. 4560
Totalexpenses
  1. 61349.00
Trash Expense
  1. 2899.00
View
  1. None
Water Sewer Expense
  1. 6483.00
Year Built
  1. 1987
Year Built Source
  1. Public Records