Home | Los Angeles County | Glendale | 91203 | 650 W Wilson
MLS: CRBB26104554 | Status: | Price: $2,299,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,764 | 1956 |
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 $2,299,000. Featuring two units delivered vacant in a separate rear structure and an ADU bid already in hand, this is one of the best positioned value-add opportunities 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 0.5 miles from The Americana at Brand, the property consists of six 2-bedroom units and two 1-bedroom units, both of which will be delivered vacant at closing, allowing a new owner to immediately capture rental upside. The asset is already performing at a 5.80% cap rate with a conservative 6.92% pro forma, both calculated using real operating expenses and including a 5% management fee. Adding to the opportunity, a contractor bid is already in hand to convert the two vacant rear units into a large 3 bed unit and construct an additional 3 bed unit ADU in the existing parking area, creating the potential for a 9th unit and additional rental income. With both rear units delivered vacant, a buyer can begin the conversion immediately after closing without the delays and c
| Field | Value |
|---|---|
| MLS # | CRBB26104554 |
| MLS Source | California Regional MLS |
| Days on Site | 30 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Lauren Cearley | Cheyenne Womack |
| Myunits.com Inc. | |
| License #: 02146823 | License #: 02064825 |
| Phone: (213) 302-8662 | Phone: (805) 973-7470 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 6 | – |
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This listing information is up-to-date as of June 11, 2026. For the most current information, please contact Lauren Cearley, (213) 302-8662.