Multifamily
New
For Sale
$3,450,000
1418 E Wilson Ave, Glendale, CA 91206
Smart & Final is nearby for residents’ grocery and household shopping needs.
Property Size5,942 SF
Days on Market5
Property Features for 1418 E Wilson Ave
General Information
Standard status
Active
Size
5,942 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Woodbury
Building Details
Building Size
5,942 SF
Year Built
1941
Listing Agency:
CBRE
Listed By:
Jenny Eng · License #01931224
(818) 907-4606
Source:
Milsteinestates
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
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 CBRE
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Investment Insights
Based on property information with market context.
This multifamily property was built in 1941. Smart & Final is nearby, providing residents with access to grocery and household shopping.
Key Highlights
- Built in 1941
- Near Smart & Final for grocery and household shopping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,838
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,236,760
$2.2M
Cap Rate 7%
$1,597,686
$1.6M
Cap Rate 9%
$1,242,644
$1.2M
Market Conditions
NOI Build-Up for 5,942 SF
Gross rent
$217.5K $36.60/SF
− Vacancy
−$14.1K −$2.38/SF
EGI
$203.3K $34.22/SF
− OpEx
−$91.5K −$15.40/SF
NOI
$111.8K $18.82/SF
Area
Glendale, CA
Vacancy
6.50%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,236,760
Cap Rate 7%
$1,597,686
Cap Rate 9%
$1,242,644
Alternative Uses
Best Use
Apartment 5plus
$1.60M
$1.40M – $1.86M
NOI $111,838 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.57M
$3.13M – $4.17M
NOI $250,157 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 91206, CA
33,252
Population
13,767
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
90%
High-School Grad
5.8 sq mi
ZIP Area
5,733
Density / Sq Mi
$86,684
Median Household Income
$52,517
Median Earnings
$2,159
Median Rent
$1,094,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Smart & Final is nearby for residents’ grocery and household shopping needs.
Where is this multifamily property located?
The property is located at 1418 E Wilson Ave Glendale, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Built in 1941; Near Smart & Final for grocery and household shopping
