540 W Wilson Avenue, Glendale, CA

$3,145,000

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8

Beds

2

Baths

0.16

Acres

About 540 W Wilson Avenue

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.

Features of 540 W Wilson Avenue

MLS® # P1-22669
Price $3,145,000
Bedrooms 8
Bathrooms 2.00
Acres 0.16
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 540 W Wilson Avenue
Area GLENDALE (91203)
City Glendale
County Los Angeles
State CA
Zip Code 91203

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Heating Forced Air Unit,Other/Remarks
Cooling Central Forced Air,Other/Remarks
Fireplace Yes

Exterior

Lot Description Sidewalks
Roof Other/Remarks

Additional Information

Date Listed May 1st, 2025
Days on Market 76
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty

Listing Map

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