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$ 3,795,000
Est. payment /mo
Active
350 W Wilson Glendale, CA 91203
9,740 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26036893
HOA Y/N No
Year Built 1961
Lot Size 9,740 Sqft
Property Sub-Type Apartment
Property Description
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 $22,488, 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 14.06 GRM and 5.31% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 9.0
Garage Description 9.0
Pool None
Community Features Curbs
Utilities Available Water Not Available
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water None
New Construction No
Others
Senior Community No
Tax ID 5637009020
Energy Description 1926.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by David Nalbandyan LA Premier Realty info@lapremierrealty.com, DRE #01869296
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