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$1,900,000

$205/sf

Sold

6 years ago
34.14725-118.23121
Los Angeles CountyGlendaleCitrus Grove

1518 E Wilson Ave

Glendale, CA 91206

$1,900,000

$205/sf

Sold

6 years ago
  • Multi-family building, 3 beds 2 baths, 9,280 sf, 17,333 sf lot
  • Unit #1: 1 bed, 1 bath, $849/mo
    Unit #2: 2 beds, 1 bath, $1075/mo
Within walking distance to Glendale Adventist Hospital, the courtyard apartments at 1518 East Wilson Avenue were constructed in 1950 of wood frame and stucco and are located in a desirable, quiet residential area of northeast Glendale. This pride-of-ownership building consists of 8 one bedroom one bath units and 4 two bedroom one bath units. There are 12 garage spaces and a laundry facility for tenants' convenience. Units are separately metered for gas and electricity. The property is 100% occupied at this time. Seller will consider carrying a 80% 1st trust deed at 5% interest to a qualified borrower. Rents are significantly below market, presenting an opportunity for an astute hands-on investor or owner-occupant to acquire a well-maintained, well-appointed building in the heart of Glendale with only 20% down payment and then gradually raise rents and profitability in an asset with no rent control.

Features

  • - Built 1950
  • - Units: 12
  • - Cooling type: wall or window units
  • - Disclosures: property as is
Listed by Darin Spillman, Hudson Commercial Partners, Inc.CLAW #11550227APN: #5645023009
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Schools

B+Glenoaks Elementary SchoolmoreK-6
B+Woodrow Wilson Middle Schoolmore6-8
A-Glendale High Schoolmore9-12
School data provided by

History

12/01/2011 Sold$1,900,0006 years ago

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School rankings provided by Niche.Updated 3/2/18.School information is to be used as reference only. To verify enrollment eligibility for a specific property, contact the school or the local school board.

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

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