500 W Wilson Ave, Glendale, CA 91203
- $1,405,000
- 5
- BD
- 5
- BA
- 3,526
- SqFt
- Sold Price
- $1,405,000
- List Price
- $1,495,000
- Closing Date
- Dec 16, 2020
- MLS#
- 20-557720
- Status
- SOLD
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 5
- Living Area
- 3,526
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.
Additional Information
- Year Built
- 1914
- Garage
- Assigned
Mortgage Calculator
Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo. Selling Office: .
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