350 W Wilson Ave - Apartments FOR SALE


Glendale, CA 91203- Vineyard
$3,795,000 USD
855-525-7654
350 W Wilson Ave, Glendale, CA for Sale
$3,795,000 USD
Apartments - FOR SALE
1/25
null | 5.39% Cap Rate

350 W Wilson Ave
Glendale, CA 91203
Vineyard


HIGHLIGHTS

  • Walking Distance to Americana
  • New Roof, Plumbing and Sewer line
  • Most Units Recently Remodeled

OVERVIEW

The Wilson West Apartment presents a rare opportunity to acquire a well-maintained multifamily asset in the heart of Downtown Glendale, just steps from The Americana at Brand, Glendale Galleria, and premier dining and retail amenities. The property features a highly desirable unit mix of three spacious 2-bedroom/2-bath units and six large 1-bedroom/1-bath units, with each unit averaging approximately 900 square feet, offering tenants generous layouts rarely found in comparable properties. Most units have been recently upgraded, providing strong in-place income with additional long-term upside potential. The building has been thoughtfully maintained and improved, including a newer roof, all copper plumbing, and a new main sewer line, minimizing deferred maintenance and future capital expenditures. With a current gross monthly income of $22,653, the property offers investors stable cash flow, operational efficiency, and long-term appreciation potential in one of Los Angeles County’s strongest rental submarkets. Offered at a 13.96 GRM and 5.39% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location

FOR SALE DETAILS

PRICE

$3,795,000 USD

PRICE/SF

$469 USD /SF

# OF UNITS

9

PRICE/UNIT

$421,667

CAP RATE

5.39%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,749 SF

ZONING

GLR4YY

APN/PARCEL ID

5637-009-020

ASK ABOUT THIS PROPERTY

David NalbandyanLA Premier RealtyMore Info
855-525-7654

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David NalbandyanLA Premier RealtyMore Info
855-525-7654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.