LA Premier Realty
Listed by LA Premier Realty
$3,795,000
350 W Wilson
Details
APN 5637009020
Property Type Multifamily
Sub Type Apartment Building
Units 9
Cap Rate 5.39%
Buildings 1
Stories 2
Acreage 0.224
Zoning Assessor
Multifamily | 5.39% CAP | 9 Units
Marketing 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 Countys 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
Listing Contacts
LA Premier Realty
Listed by LA Premier Realty
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