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500 W WILSON AVE Glendale, CA 91203
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Key Details
Sold Price $1,405,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $398
MLS Listing ID 20-557720
Bedrooms 5
Year Built 1914
Lot Size 6,982 Sqft
Property Sub-Type Multi-Family
Property Description
Featuring a charming fourplex and a standalone cottage on the same corner parcel, the property contains spacious, remodeled one bedroom floorplans. Tenants enjoy the property's combination of vintage character, with its walk-in closets and built-in cabinets, and its modern improvements, including stainless steel appliances and in-unit washer/dryers.The property has benefitted from several recent upgrades, including copper plumbing, new windows, granite countertops, decorative kitchen backsplashes, new kitchen cabinets, completely remodeled bathrooms, and new landscaping. Thanks to these improvements, there is very little deferred maintenance remaining (Buyer to verify) allowing a new owner to minimize costs while enjoying the asset's attracttive 4.70% CAP Rate.Situated on the corner of Wilson Avenue and Pacific Avenue, the building benefits from high visibility and convenient access to the 5 and 134 Freeways.
Location
State CA
County Los Angeles
Area Glendale-South Of 134 Fwy
Zoning GLR4YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Air Conditioning
Equipment Other
Exterior
Parking Features Assigned
Garage Spaces 2.0
Building
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Marcus & Millichap