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350 West Wilson Avenue

Glendale CA 91203

3
3
9741 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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. Offered at a 12.98 GRM and 5.89% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location. 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 $23,430, the property offers investors stable cash flow, operational efficiency, and long-term appreciation potential in one of Los Angeles Countys strongest rental submarkets. 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. Offered at a 12.98 GRM and 5.89% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location. 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 $23,430, the property offers investors stable cash flow, operational efficiency, and long-term appreciation potential in one of Los Angeles Countys strongest rental submarkets.

Features

3 bedrooms
3 bathrooms
9741 sq. ft. lot size
Multi-Family

Property history for 350 West Wilson Avenue

2021
Sold
$3,140,000
07 May 2021 by Arbi Baghoomian

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Local market activity for 3 bedroom multi families in Glendale

In the last 12 months, 1 three-bedroom multi family similar to 350 West Wilson Avenue, have been sold.

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