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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50127301
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : See Remarks
- Property Appliances: Free-Standing Range
- Fireplace: None
Cooling Features
- Central Air,See Remarks
- Air Conditioning
Heating Source
- Forced Air,See Remarks
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1987
- Building Area Total: 5,936
- Roof: See Remarks
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Stucco Wall
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1605
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6992
-
Listing Information
Listing Price Information
- Original List Price: 3,145,000
- Listing Contract Date: 2025-05-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5638003057
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: See Remarks
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 628 - Glendale-South of 134 Fwy
- Directions: Kenilworth Ave and Wilson Ave. Between W Broadway and W Wilson.
- Source Property Type: Residential Income
- Area: 628 - Glendale-South of 134 Fwy
Building and Construction
- Property Age: 38
- Common Walls: 2+ Common Walls
- Year Built Source: Public Records
- Property Attached: Yes
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BuyOwner last updated this listing 06/21/2025 @ 14:37
- MLS: P1-22669
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 5,936 sqft, 6,992 sized lot, and 0 parking. are nearby neighborhoods.