1317 E Wilson Ave

Glendale, ca

 
 
 
 
 

8

UNITS

$311,875

PRICE/UNIT

$471

PRICE/SQ FT

3.93%

CAP

16.09

GRM

4.41%

PRO FORMA CAP

14.85

PRO FORMA GRM
 

The LA Apartment Advisors are proud to present 8-units located on 1317 E Wilson Avenue in Glendale, California. The offering is well maintained and sits on 8,510 SF of land with 5,297 SF of rentable area consisting of eight 1 bedroom / 1 bathroom units. The property has undergone extensive renovations including: 7 units have new hardwood floors, new tile kitchens and new appliances, 6 units have new windows, new cement pavements on staircase, landing and walkway, new wooden fence on property line, updated copper plumbing to code, and updated electrical to code, etc. The property is well situated with easy access to the 2 and 134 freeways and less than two miles from premier shopping, dining and entertainment destinations of The Glendale Galleria and The Americana at Brand. The subject property offers upside in rents allowing a savvy investor the rare opportunity to raise rents to market while owing a extensively remodeled building.

 
 
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Rick Ramirez

Associate

O: (818) 212-2808

M: (818) 941-2990

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