Est. cap rate

2.8%

Assumed rent, all units

$5,380/mo

Units

2

Price per unit

$575,000

Est. annual NOI

$32,280

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Bathrooms

3

Building size

1,708 sqft

Lot size

6,474 sqft

Year built

1924

Stories

1

Garage spaces

1

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

186

MLS #

244396937

About this property

Excellent investment opportunity in a desirable Glendale location. This two-unit property sits on a generous lot and offers strong upside potential for investors or buyers looking to renovate and add value. The front unit features approximately 1,000 sq ft with 2 bedrooms, 1.25 bathrooms, a functional kitchen, living room, and a private back patio with yard. Recent upgrades include a roof less than one year old and new windows, providing a solid starting point for future improvements. The rear unit offers 1 bedroom, 1 bathroom, a kitchen, and an open main living area, along with its own private backyard. Both units are separately accessed, lack central air, and require updates, making this an ideal value-add project for an investor or buyer seeking redevelopment or long-term rental potential. Zoned for multi-family use, the property may offer future expansion possibilities (buyer to verify with city). Sold as-is. Conveniently located near shopping, dining, and major commuter routes.

Location

464 W Wilson Ave

Glendale, Los Angeles, CA, 91203