David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
2 in Vineyard
$570K - $8.6M Price Range
Offered at $3,145,000, 540 W Wilson Ave is a rare 7-unit multifamily asset located in the heart of Glendale, one of Southern California's most stable and high-demand rental markets.Built in 1987, the property features a desirable unit mix of all 2-bedroom, 1.5-bath units totaling 5,936 square feet on a 6,992 square foot lot. The building is fully occupied with long-term tenants and offers clear rental upside. Recent capital improvements include a brand-new roof, new central A/C systems. With copper plumbing, and 80's construction electrical systems, reduces near-term maintenance needs and enhances long-term value. Shared amenities include a community laundry room and 12 on-site parking spaces, increasing tenant appeal and operational efficiency.This turnkey investment is centrally located near Glendale Galleria, The Americana at Brand, major employers, public transit, and freeway access--making it a magnet for working professionals and families alike.Known for its top-rated schools, low vacancy, and strict development limits, Glendale remains one of the most desirable submarkets for multifamily investment in Los Angeles County. With strong in-place income, quality improvements, and room for future rent growth, this property presents an ideal opportunity for 1031 exchange buyers, long-term holders, or investors seeking durable cash flow with upside in a proven market.
Last Agent to Sell the Property
Keller Williams Realty License #01877904 Listed on: 06/09/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
David Nalbandyan
LA Premier Realty
(747) 277-0134
83 Total Sales
2 in Vineyard
$570K - $8.6M Price Range
Oliver Darwich
Compass
(747) 998-0783
38 Total Sales
1 in Vineyard
$975,000 Price
Angelito Roxas
Re/Max Champions
(866) 961-6420
49 Total Sales
1 in Vineyard
$1,210,000 Price
Mike Chou
K.W. EXECUTIVE
(626) 653-4295
169 Total Sales
1 in Vineyard
$755,000 Price
Amalia Khachikian
Berkshire Hathaway HomeServices California Properties
(424) 359-1579
45 Total Sales
1 in Vineyard
$655,000 Price
Beatrice Harendza-Harinxma
COMPASS
(818) 418-8114
49 Total Sales
1 in Vineyard
$991,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,000,000 | First American Title Company | ||
| -- | None Available | ||
| $1,400,500 | Old Republic Title | ||
| -- | -- | ||
| -- | Chicago Title |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $800,000 | ||
| Previous Owner | $640,000 | ||
| Previous Owner | $675,000 | ||
| Previous Owner | $601,250 | ||
| Previous Owner | $80,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $3,000,000 | -4.6% | $505 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | For Sale | $3,145,000 | -- | $530 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,477 | $1,913,206 | $1,147,926 | $765,280 |
| 2024 | $21,345 | $1,875,693 | $1,125,418 | $750,275 |
| 2023 | $20,871 | $1,838,915 | $1,103,351 | $735,564 |
| 2022 | $20,517 | $1,802,859 | $1,081,717 | $721,142 |
| 2021 | $20,167 | $1,767,509 | $1,060,507 | $707,002 |
| 2019 | $19,411 | $1,715,085 | $1,029,052 | $686,033 |
| 2018 | $19,079 | $1,681,457 | $1,008,875 | $672,582 |
| 2016 | $18,155 | $1,616,166 | $969,700 | $646,466 |
| 2015 | $17,791 | $1,591,891 | $955,135 | $636,756 |
| 2014 | $17,665 | $1,560,709 | $936,426 | $624,283 |
Seller's Agent in 2025
Melina Kalachian, CCIM
Keller Williams Realty
(818) 522-1900
1 in this area
13 Total Sales
Seller Co-Listing Agent in 2025
Vince Kalachian
Keller Williams Realty
(818) 631-8855
1 in this area
12 Total Sales
Buyer Co-Listing Agent in 2025
Joe Myere
Compass
(702) 339-1341
1 in this area
18 Total Sales
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22669
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