Melina Kalachian, MBA, CCIM
Executive Vice President
Kalachian Investment Group
818-522-1900
Cal DRE#01877904
Rare Opportunity 7-Unit Building 1987 Year Built!
Active
$3,145,000
5,936sqft
6,992sf lot
Overview
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.
Features
- Built in 1987
- Excellent unit mix: 7 - 2BD/1.5Bath
- New Central A/C and New Roof
- 5936 SF Fully occupied with long-term tenants on 6992 SF lot
- Copper Plumbing
- Community laundry room
- Prime Glendale Rental location
- Steady future rental growth
- 12 on-site parking spaces and a community laundry facility
Vince Kalachian
Executive Vice President
Kalachian Investment Group
818-631-8855
01172350
Address
540 W Wilson Ave
Glendale, CA 91203
Each office is independently owned and operated. The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Kalachian Investment Group and KW Commercial and it should not be made available to any other person or entity without the written consent of Kalachian Investment Group and KW Commercial. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the Offering Memorandum. If you have no interest in the subject property at this time, please disregard this Offering Memorandum. This Offering Memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Kalachian Investment Group and KW Commercial have not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, has not verified been verified, and will not verify, any of the information contained herein, nor has Kalachian Investment Group or KW Commercial conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property. All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary. Kalachian Investment Group and KW Commercial have not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Kalachian Investment Group and KW Commercial’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Kalachian Investment Group, KW Commercial and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees , all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.) Any rent or income information in this offering memorandum, with the exception of actual, historical rent collections, represent good faith projections of potential future rent only, and make no representations as to whether such rent may actually be attainable. Local, state, and federal laws regarding restrictions on rent increases may make these projections impossible, and Buyer and its advisors should conduct their own investigation to determine whether such rent increases are legally permitted and reasonably attainable.
