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1458 E Wilson Ave 14 Unit Apartment Building $7,607,764 CAD ($543,412 CAD/Unit) 4.71% Cap Rate Glendale, CA 91206
EXECUTIVE SUMMARY
1458-1462 E. Wilson Avenue Glendale, CA 91206
Glendale is a highly desirable apartment investment market in the eastern San Fernando Valley, just minutes from Downtown Los Angeles, Burbank, and Pasadena. Its central location along the 2, 134, and 5 freeways provides easy access to major employment hubs across Los Angeles County, while nearby retail and entertainment destinations, including the Glendale Galleria, The Americana at Brand, and Montrose shopping district, enhance its appeal. Limited new development preserves long-term property values and keeps vacancy low.
The city attracts young professionals and families seeking quality rental housing near top schools like Glendale High School, healthcare centers such as Adventist Health Glendale, and nearby recreational areas, including Griffith Park. These factors make Glendale a strong market for both stable cash flow and long-term appreciation.
Property Description
Indie at Wilson Ave has been fully rebranded and thoughtfully modernized both inside and out, offering a fresh, contemporary living experience. This 14-unit community is ideally situated just east of Downtown Glendale, placing residents within minutes of premier dining, shopping, and entertainment. Despite its central location, the property maintains a tranquil, suburban atmosphere—providing the best of both convenience and comfort.
Glendale is a highly desirable apartment investment market in the eastern San Fernando Valley, just minutes from Downtown Los Angeles, Burbank, and Pasadena. Its central location along the 2, 134, and 5 freeways provides easy access to major employment hubs across Los Angeles County, while nearby retail and entertainment destinations, including the Glendale Galleria, The Americana at Brand, and Montrose shopping district, enhance its appeal. Limited new development preserves long-term property values and keeps vacancy low.
The city attracts young professionals and families seeking quality rental housing near top schools like Glendale High School, healthcare centers such as Adventist Health Glendale, and nearby recreational areas, including Griffith Park. These factors make Glendale a strong market for both stable cash flow and long-term appreciation.
Property Description
Indie at Wilson Ave has been fully rebranded and thoughtfully modernized both inside and out, offering a fresh, contemporary living experience. This 14-unit community is ideally situated just east of Downtown Glendale, placing residents within minutes of premier dining, shopping, and entertainment. Despite its central location, the property maintains a tranquil, suburban atmosphere—providing the best of both convenience and comfort.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $7,607,764 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $543,412 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.47 AC |
| Cap Rate | 4.71% | Building Size | 12,426 SF |
| Gross Rent Multiplier | 13.44 | No. Stories | 2 |
| No. Units | 14 | Year Built | 1948 |
| Property Type | Multifamily | Parking Ratio | 0.48/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | GLR4YY | ||
| Price | $7,607,764 CAD |
| Price Per Unit | $543,412 CAD |
| Sale Type | Investment |
| Cap Rate | 4.71% |
| Gross Rent Multiplier | 13.44 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 12,426 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | GLR4YY |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 708 |
| 2+1 | 6 | - | 987 |
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Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 5645-024-011 | Improvements Assessment | $2,673,082 CAD |
| Land Assessment | $3,818,688 CAD | Total Assessment | $6,491,770 CAD |
PROPERTY TAXES
Parcel Number
5645-024-011
Land Assessment
$3,818,688 CAD
Improvements Assessment
$2,673,082 CAD
Total Assessment
$6,491,770 CAD
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1458 E Wilson Ave
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