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Rita Antashkevich

rita.antashkevich@evrealestate.com +1(818) 482-3111

$ 3,795,000

Est. payment -/mo

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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

CRMLS Full IDX Feed (MAIN Website Search)

Listed by David Nalbandyan LA Premier Realty info@lapremierrealty.com, DRE #01869296

NEARBY SCHOOLS & PROPERTIES

Rita Antashkevich

Advisor | License ID: 02214781

+1(818) 482-3111

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