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$ 3,145,000
Est. payment | /mo
5,936 SqFt
$ 3,145,000
Est. payment | /mo
5,936 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,936 sqft
Price per Sqft $529
MLS Listing ID CRP1-22669
HOA Y/N No
Year Built 1987
Lot Size 6,992 Sqft
Acres 0.16
Property Sub-Type Other
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
Interior
Heating Forced Air, See Remarks
Cooling Central Air, See Remarks
Fireplace No
Laundry Common Area
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5638003057
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Melina Kalachian • Keller Williams Realty
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com