Duplex with Private
For Sale
$1,150,000
464 W Wilson Ave, Glendale, CA 91203
Two-unit Glendale duplex with separate entrances, private outdoor space for both units, and multi-family zoning.
Property Size1,708 SF
Price / SF$673.30
Days on Market455
Property Features for 464 W Wilson Ave
General Information
Standard status
Active
Size
1,708 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 2BR/1.25BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Building Size
1,708 SF
Year Built
1924
Listing Agency:
Keller Williams R. E. Services
Listed By:
Pam Adame · License #01804721
Source:
Carolinakramer
Added: May 3, 2025
Changed: Jul 30
Last Checked: Jul 31 at 11:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams R. E. Services
Investment Insights
Based on property information with market context.
This Glendale duplex is configured as a two-unit property with separately accessed front and rear units. The front unit is approximately 1,000 sq ft and includes 2 bedrooms and 1.25 bathrooms, along with a functional kitchen, living room, and a private back patio with yard. The rear unit offers 1 bedroom and 1 bathroom, a kitchen, and an open main living area with its own private backyard.
Recent upgrades include a roof less than one year old and new windows. Both units lack central air and require updates, making this an as-is, value-add renovation opportunity. The property is zoned for multi-family use, and it may allow future expansion possibilities (buyer to verify with the city). Built in 1924 and sized at 1,708 sq ft, it also offers convenient access to shopping, dining, and major commuter routes.
Recent upgrades include a roof less than one year old and new windows. Both units lack central air and require updates, making this an as-is, value-add renovation opportunity. The property is zoned for multi-family use, and it may allow future expansion possibilities (buyer to verify with the city). Built in 1924 and sized at 1,708 sq ft, it also offers convenient access to shopping, dining, and major commuter routes.
Key Highlights
- Two‑unit duplex with separately accessed front and rear units
- Front unit: approx 1,000 sq ft with 2 bedrooms and 1.25 bathrooms
- Rear unit: 1 bedroom and 1 bathroom with private backyard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.4k | $33.00 |
| − Vacancy | −$3.5k | −$2.04 |
| EGI | $52.9k | $30.96 |
| − OpEx | −$15.9k | −$9.29 |
| NOI | $37.0k | $21.67 |
1,708 SF · lease $33.00/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.9K
$462.8K – $617.0K
NOI $37,020 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$459.2K
$401.8K – $535.8K
NOI $32,147 @ 7.0% cap · market cap 2.80%
Theoretical Best
Specialty Retail
$1.03M
$898.8K – $1.20M
NOI $71,906 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7,789
Businesses Nearby
Explore this area
Business Placement
Demographics for 91203, CA
16,930
Population
7,503
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
90%
High-School Grad
0.9 sq mi
ZIP Area
18,811
Density / Sq Mi
$77,925
Median Household Income
$48,953
Median Earnings
$2,348
Median Rent
$661,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit Glendale duplex with separate entrances, private outdoor space for both units, and multi-family zoning.
Where is this duplex located?
The property is located at 464 W Wilson Ave Glendale, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑unit duplex with separately accessed front and rear units; Front unit: approx 1,000 sq ft with 2 bedrooms and 1.25 bathrooms; Rear unit: 1 bedroom and 1 bathroom with private backyard
