NOT LISTED FOR SALE

500 W Wilson Ave Glen Dale, CA 91203

Vineyard Neighborhood
5 Beds
5 Baths
3,526 Sq Ft
6,982 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $1,405,000 $398 Per Sq Ft

296 Days on Market

About This Home

As of December 2020

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.

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 02/24/2020

Last Buyer's Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 02/24/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,982 Sq Ft Lot

Interior Spaces

  • 3,526 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5638-001-077

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3526
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 423.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 198900
  • Assessed Land Value: 596700
  • Assessor Parcel Number: 5638-001-077
  • Geocode Override: No
  • Lot Size Area: 6982

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.07
  • Number Of Units: 5
  • Total Annual Expense: 32739
  • Type Of Units: Residential
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $1,405,000 -6.0% $398 / Sq Ft
02/24/2020 02/24/20 For Sale $1,495,000 -- $424 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2020

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    2 in this area

    68 Total Sales

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Map

Source: The MLS

MLS Number: 20-557720

The MLS

California Los Angeles County Glendale 91203 Vineyard

500 W Wilson Ave, Glendale, CA

This home is located at 500 W Wilson Ave, Glen Dale, CA 91203 since 24 February 2020. This property was built in 1914. 500 W Wilson Ave is a home located in Los Angeles County with nearby schools including Columbus Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover High School.

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