Greg Alexanian Acquires Multifamily Property On W Wilson Ave, Glendale For $2.55M

The multifamily property located at 463 W Wilson Ave in Glendale has been sold in an off-market transaction. The sale was facilitated by broker Greg Alexanian from Alexanian Advisors. The transaction took place on April 20, 2020, with a sale price of $2,550,000. The property spans 6,514 square feet, resulting in a price per square foot of $391.46. It consists of 6 units, with each unit priced at $425,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,550,000
• Address: 463 W Wilson Ave
• Market: Glendale
• Broker: Greg Alexanian - Alexanian Advisors
• Square Footage: 6,514
• Price Per Square Foot: $391.46
• Units: 6
• Price per Unit: $425,000

The seller involved in this transaction was out of state and exchanged into a Triple Net (NNN) product. No additional information was provided.