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650 W Wilson Ave
Glendale, CA 91203 Vineyard

$2,399,000 USD

Apartments For Sale • 7,194 SF

Property Details

Property Type Apartments
Total Building Size 7,194 SF
Lot Size 0.2 AC
Building Class C
Year Built 1956
Cap Rate 5.62 %
Zoning GLR4*

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Generational asset, first time ever on the market located in the heart of Glendale.
                            
                                5.62% current cap rate with a conservative 6.79% pro forma, strong in-place return with clear upside
                            
                                Both 1 bedroom units delivered vacant! Upside opportunity! 
                            
                                8-unit mix: six 2-bedroom units and two 1-bedroom units, ideal for consistent tenant demand
                            
                                One vacant unit, allowing for immediate upside and flexibility. Several units renovated with new countertops, cabinets, and flooring
                            
                                Located just 2 minutes (0.5 miles) from the Americana at Brand and Glendale Galleria. Minutes from Target, Whole Foods Market, Trader Joe's, & Costco

Property Flyers

650 W Wilson Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $150,647 USD (2025)

Cap Rate:	5.62 %
Total Expenses:	$61,390 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
K K Wilson LLC

Amenities

24 Hour Access
Controlled Access
Tenant Controlled HVAC
Kitchen
Refrigerator
Range
Tub/Shower
Freezer
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.3 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Bob Hope	15 min	-	9.5 mi
Los Angeles International	38 min	-	20.3 mi
Long Beach (Daugherty Field)	42 min	-	29.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Covered
Included in Rent:	Yes

Elizabeth Maddox 818-859-7242 Myunits.com Inc

650 W Wilson Ave Glendale, CA 91203 Vineyard