540 W Wilson Ave - Apartments FOR SALE


Glendale, CA 91203- Vineyard
$3,145,000 USD
818-522-1900
540 W Wilson Ave, Glendale, CA for Sale
$3,145,000 USD
Apartments - FOR SALE
1/44
null | 5.93% Cap Rate

540 W Wilson Ave
Glendale, CA 91203
Vineyard


HIGHLIGHTS

  • 7 Units | Built in 1987 | 5,936 SF
  • Excellent unit mix: 7 - 2BD/1.5Bath
  • New Central A/C and New Roof
  • Copper Plumbing , 80's Construction Electrical
  • Community laundry room
  • Fully occupied with long-term tenants

OVERVIEW

Located in the highly sought after city of Glendale, this 1987 built 7-Unit Apartment Building offers strong fundamentals, a desirable unit mix, and steady future rental growth. The property features 7- 2 bedrooms and 1.5 bath units, totaling 5,936 SQFT on a 6,992 SQFT lot. This is a rare chance to acquire a stabilized, low-maintenance multifamily property with significant upside in one of the strongest rental markets in Southern California. This rare asset offers immediate cash flow with rental upside potential through future rent adjustments. Key property upgrades include New Roof and New A/C, copper plumbing. The property also features 12 on-site parking spaces and a community laundry facility, enhancing tenant convenience and reducing operational overhead.

FOR SALE DETAILS

PRICE

$3,145,000 USD

PRICE/SF

$530 USD /SF

# OF UNITS

7

PRICE/UNIT

$449,286

CAP RATE

5.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,991 SF

ZONING

Glr4yy

APN/PARCEL ID

5638-003-057

ASK ABOUT THIS PROPERTY

Melina Kalachian, CCIMKalachian Investment GroupMore Info
818-522-1900

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Melina Kalachian, CCIMKalachian Investment GroupMore Info
818-522-1900

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