1244 N Columbus Avenue
Glendale, CA 91202
Active for $3,995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 14,691 sqft
| MLS | GD25005830 |
| Year Built | 1953 |
| Property Type | Mixed Use |
| County | Los Angeles |
| Status | Active |
| Active | $3,995,000 |
| Structure Size | N/A sqft |
| Lot Size | 14,691 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Unique opportunity to own a premier 12-unit investment property in the heart of Glendale! Located in the highly desirable 91202 zip code of Northwest Glendale, this property is positioned north of Glenoaks Boulevard and within walking distance of local markets, coffee shops, and other amenities. The property boasts a generous 7,424 square feet of living space and is situated on a large 14,691 square foot lot. This well-maintained property features 10 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. Each unit has been updated and meticulously cared for by an experienced owner/manager, ensuring minimal upkeep for the future investor. The property includes 12 covered parking spaces with storage and a convenient community laundry room. Notable recent upgrades include full copper plumbing, a new asphalt driveway, four accessible sewer clean-outs, and a newer roof installed in 2017. These improvements enhance the property's value and provide peace of mind for prospective buyers. With rents currently below market rates, this investment offers significant upside potential. Whether you're an experienced investor or new to income properties, this opportunity provides numerous advantages, from stable cash flow to potential for rent increases in the future. Don’t miss this excellent opportunity to invest in one of Glendale’s most sought-after neighborhoods!
Listing information courtesy of: Jerry Armen, Team Rock Properties . *Based on information from the Association of REALTORS/Multiple Listing as of 01/30/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Stephan O'Bryant
REALTOR®
Direct: 310.775.1737
Email: Email Me
DRE: 02213747
DRE #01873088
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