1015 E Wilson Ave - Apartments FOR SALE


Glendale, CA 91206- Citrus Grove
$3,625,000 USD
818-224-7949
1015 E Wilson Ave, Glendale, CA for Sale
$3,625,000 USD
Apartments - FOR SALE
1/16
null | 4.91% Cap Rate

1015 E Wilson Ave
Glendale, CA 91206
Citrus Grove


HIGHLIGHTS

  • 93 WalkScore out of 100
  • Prime high visibility corner lot
  • 60% 2 bedrooms
  • 13.9 grm with 15% upside
  • Potential for garage conversions

OVERVIEW

The Alexanian Apartment Advisors are pleased to be retained as listing agents for the Wilson Park Apartments in Glendale. Situated in one of the more visible corner lots in the city, the property boast a walkers paradise score of 93 out 100! Immediate access to Glendale Marketplace, City Hall, Americana at Brand, Glendale Galleria and a whole myriad of local shops, services and cafes. The 10 units are comprised of (6) 2+1 units and (4) 1+1 units. A standalone terrace unit on the third floor offers some great views of the city and mountains. Incorporating both on grade parking and enclosed garages, there may be a potential to convert into ADUs, buyer to research & verify. Ease of management, low turnover and upside in rents make this an attractive acquisition opportunity. To review the offering memorandum and or have questions, contact the exclusive listing agents. The Alexanian Apartment Advisors are the #1 agents having represented more than $1.6B in Glendale & Burbank multifamily apartment buildings.

FOR SALE DETAILS

PRICE

$3,625,000 USD

PRICE/SF

$430 USD /SF

# OF UNITS

10

PRICE/UNIT

$362,500

CAP RATE

4.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

93 WalkScore, 10 units, prime corner,Glendale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,046 SF

ZONING

R4, Glendale

APN/PARCEL ID

5645-017-024

ASK ABOUT THIS PROPERTY

Levon AlexanianAlexanian Apartment AdvisorsMore Info
818-224-7949

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Levon AlexanianAlexanian Apartment AdvisorsMore Info
818-224-7949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.