540 W Wilson AVE Active Save Request In-Person Tour Request Virtual Tour
Glendale,CA 91203
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-22669
Year Built 1987
Lot Size 6,992 Sqft
Source California Regional MLS
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,
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Rooms
Kitchen Oven Range
Interior
Heating Forced Air,Other
Cooling Central AC,Other
Laundry Washer/Dryer - Leased,Community Facility
Exterior
Parking Features Other
Garage Spaces 12.0
Pool 31,None
View None
Roof Type Other
Others
Tax ID 5638003057
Special Listing Condition Not Applicable