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Sold for $3,000,000
  • Listing Provided by: Keller Williams Realty
    Bought with: Compass
    $3,000,000

    540 W Wilson Ave, Glendale, CA 91203

    14beds
    2baths
    5,936sqft
    Multi Family
    Built in 1987
    -- sqft lot
    $2,991,500 Zestimate®
    $505/sqft
    $2,770 Estimated rent

    Home value

    $2,991,500

    $2.69M - $3.32M

    $2,770/mo

    Zestimate® history
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    What's special

    Brand-new roof
    Offered at $3,145,000, 540 W Wilson Ave is a rare 7-unit multifamily asset located in the heart of Glendale, one of Southern California's most stable and high-demand rental markets.Built in 1987, the property features a desirable unit mix of all 2-bedroom, 1.5-bath units totaling 5,936 square feet on a 6,992 square foot lot. The building is fully occupied with long-term tenants and offers clear rental upside. Recent capital improvements include a brand-new roof, new central A/C systems. With copper plumbing, and 80's construction electrical systems, reduces near-term maintenance needs and enhances long-term value. Shared amenities include a community laundry room and 12 on-site parking spaces, increasing tenant appeal and operational efficiency.This turnkey investment is centrally located near Glendale Galleria, The Americana at Brand, major employers, public transit, and freeway access--making it a magnet for working professionals and families alike.Known for its top-rated schools, low vacancy, and strict development limits, Glendale remains one of the most desirable submarkets for multifamily investment in Los Angeles County. With strong in-place income, quality improvements, and room for future rent growth, this property presents an ideal opportunity for 1031 exchange buyers, long-term holders, or investors seeking durable cash flow with upside in a proven market.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Melina Kalachian DRE #01877904 818-522-1900,

    Keller Williams Realty,

    Vince Kalachian DRE #01172350 818-631-8855,

    Keller Williams Realty

    Bought with:

    Henry Horn, DRE #01707653

    Compass

    Joe Myers, DRE #01876220

    Compass

    Source: CRMLS,MLS#: P1-22669MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 2
    Heating
    • Forced Air, See Remarks
    Cooling
    • Central Air, See Remarks
    Appliances
    • Included: Free-Standing Range
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,936
    • Total interior livable area: 5,936 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: See Remarks
    Features
    • Pool features: None
    • Spa features: None
    • Fencing: Stucco Wall
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,992 sqft
    Details
    • Parcel number: 5638003057
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: See Remarks
    Condition
    • Year built: 1987

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Glendale
    • Subdivision: Other

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    7/16/2025Sold$3,000,000-4.6%$505/sqft
    Source: CRMLS #P1-22669 Report a problem
    7/5/2025Pending sale$3,145,000$530/sqft
    Source: CRMLS #P1-22669 Report a problem
    6/10/2025Listed for sale$3,145,000$530/sqft
    Source: CRMLS #P1-22669 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Vineyard

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,991,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,991,500