Request Offering Memorandum

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1470 E WIlson Ave

Glendale, CA. 91206

WILSON APARTMENTS

1st TIME ON MARKET IN 35 YEARS

Call us! 626.204.3300

ABOUT THE ASSET

SUMMARY
PROPERTY DESCRIPTION

The Wilson Apartments is a well-maintained, 21-unit (+ two non-conforming studios) apartment building located in the Citrus Grove neighborhood of Glendale.


This corner lot offers a 2-story, garden-style walk-up on concrete slab foundation with a flat rolled composition shingled roof in the rear & pitched composition shingle roof in the front. There is an on-site laundry room with two washers plus two dryers owned by the building. There are 27 gated parking spaces: 16 tuck-under spaces and 11 detached carport spaces.


Utilities: Individual electric meters (except the non-conforming units which owner pays). Owner pays hot water, water& gas which is master metered.

PRICE
PRICE/UNIT
PRICE/SF
GRM
CAP
UNITS
YEAR BUILT
GROSS SF
LOT SF
APN
$5,875,000
$279,762
$396.13
13.40
4.44%
21 + 2 NC
1972
14,831
21,521
5645-024-012

1st Time on Market in 35 Years

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805