- – beds
- – baths
- – sqft
- 6,992 sqft lot
- 1987 build
- – on site
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.
Last checked:
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Last updated Jun 10, 2025
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MLS# P1-22669 —
The Building
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Year Built:1987
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Year Built Source:Public Records
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Building Area Total:5936.00
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Total Number Of Units:7
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# of Buildings:1
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Roof:See Remarks
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Stories Total:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:8
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# of Separate Water Meters:1
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# of Separate Electric Meters:8
Interior
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:Kenilworth Ave and Wilson Ave. Between W Broadway and W Wilson.
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Latitude:34.14769400
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Longitude:-118.26629600
The Property
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Property Type:Residential Income
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Lot Size Area:6992.0000
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Lot Size Acres:0.1605
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Lot Size SqFt:6992.00
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View:None
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Fencing:Stucco Wall
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Fence:Yes
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:4560
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Tax Tract:301...
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Tax Lot:8
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5638003057
Heating & Cooling
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Heating:1
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Heating:Forced Air, See Remarks
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Cooling:Yes
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Cooling:Central Air, See Remarks
Appliances
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Appliances:Free-Standing Range
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Included:Yes
The Community
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Subdivision:Other
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Subdivision:4560
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:See Remarks
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Parking Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/9/25
Jun 9, 2025
|
Listed / Active | CRMLS_CA | $3,145,000 |