Active

650 W Wilson

Glendale, CA 91203

$2,399,000 $10,114/Mo

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Overview

Bed

Bath

5,852

Sqft

8,764

Sqft(Lot)

Description

650 W Wilson is an extremely rare 8-unit generational asset, first time on the market, ideally located in the heart of Glendale just steps from The Americana at Brand, offered at $2,399,000. With two vacancies and the possibility of an ADU(s), this is one of the best positioned assets in the entire submarket, delivering a stronger GRM and higher cap rate than nearly every competing Glendale listing. Located on a quiet, tree-lined street just 2 minutes (0.5 miles) from The Americana at Brand, opportunities this close to Glendale’s premier retail and lifestyle hub almost never trade. The property consists of six 2-bedroom units and two 1-bedroom units, which will both be delivered vacant allowing for immediate upside! The asset is already performing at a 5.62% cap rate with a conse rvative 6.79% pro forma, both calculated using real operating expenses and including a 5% management fee, giving investors a clear and realistic path to increased returns without relying on aggressive assumptions. The majority of units have already been upgraded with new or refinished countertops, cabinetry, and flooring, meaning a significant portion of the renovation work is complete, while two remaining units still offer additional upside through light improvements. Electrical panel breakers have also been replaced in all units, helping minimize future capital expenditures. Tenants benefit from a highly walkable location with direct access to top-tier retail including The Americana, Glendale Galleria, Whole Foods, Trader Joe’s, and Target, which continues to drive strong and consistent rental demand. The property includes six on-site parking spaces, four of which are covered, and maintains its classic 1950s character that continues to resonate with today’s renters. This is a true legacy Glendale asset combining irreplaceable location, in-place income, and real remaining upside at a basis that is becoming increasingly difficult to find in this prime of a location.

Property Details

Property Type : Residential Income

Price : $2,399,000

AD Id : 78524976

MLS Id : BB26104554

Lot Size : 8,764 Sqft

Living Area Size : 5,852

Year Built : 1956

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Fireplace: None
Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1956 Building Area Total: 5,852
Accessibility Features

None

Pool Features

None

Laundry Features

Washer Hookup,Electric Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2012
Lot Size Source: Assessor Lot Size Square Feet: 8764

Listing Price Information

Original List Price: 2,399,000 Listing Contract Date: 2026-05-13
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5638003053

Rental Info

Lease Term: Negotiable Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Active Source Neighborhood: 624 - Glendale-Chevy Chase/E. Glenoaks Directions: Conveniently located just off the 134 & 2 Freeways, 650 W Wilson Ave offers investors a prime Glendale location with strong long term rental demand near Downtown Glendale, The Americana at Brand, and major employment hubs. Source Property Type: Residential Income Area: 624 - Glendale-Chevy Chase/E. Glenoaks Property SubType: Apartment
Building and Construction

Property Age: 70 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
350 W Wilson, Glendale, CA, 91203	$3,795,000	--	--	8,086	8,086 SqFt
419 Salem Street, Glendale, CA, 91203	$1,995,000	--	--	3,714	3,714 SqFt
464 W Wilson Ave, Glendale, CA, 91203	$1,150,000	3	2	1,708	1,708 SqFt
515 Chester Street, Glendale, CA, 91203	$3,050,000	--	--	5,404	5,404 SqFt
345 Concord Street, Glendale, CA, 91203	$799,000	3	2	1,090	1,090 SqFt

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ByOwner last updated this listing 06/08/2026 @ 15:43

MLS: BB26104554 LISTED BY: Lauren Cearley, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS