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350 W Wilson Ave
Glendale, CA 91203
Multifamily Property For Sale
·
9 Units


Investment Highlights
- Walking Distance to Americana
- Most Units Recently Remodeled
- New Roof, Plumbing and Sewer line
Executive Summary
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 $22,653, 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 13.96 GRM and 5.39% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location
Property Facts
| Price Per Unit | $577,173 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 5.39% | Building Size | 8,086 SF |
| Gross Rent Multiplier | 13.96 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | GLR4YY | ||
| Price Per Unit | $577,173 CAD |
| Sale Type | Investment |
| Cap Rate | 5.39% |
| Gross Rent Multiplier | 13.96 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 8,086 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | GLR4YY |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Eat-in Kitchen
- Hardwood Floors
- Walk-In Closets
- Dining Room
- Garden
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $3,210 CAD | 850 |
Property Taxes
| Parcel Number | 5637-009-020 | Improvements Assessment | $2,785,449 CAD |
| Land Assessment | $1,866,843 CAD | Total Assessment | $4,652,293 CAD |
Property Taxes
Parcel Number
5637-009-020
Land Assessment
$1,866,843 CAD
Improvements Assessment
$2,785,449 CAD
Total Assessment
$4,652,293 CAD
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