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$ 4,695,000
Est. payment | /mo
8 Beds
8,565 Sqft Lot
$ 4,695,000
Est. payment | /mo
8 Beds
8,565 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25152016
Bedrooms 8
Lot Size 8,565 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Huge price drop!!! 1207 N. Columbus Avenuea meticulously maintained 10-unit apartment building located just north of Glenoaks Boulevard in one of Glendales most peaceful and tree-lined residential neighborhoods. Constructed in 1989, the property offers a desirable unit mix of ten (10) spacious two-bedroom, two-bathroom units, totaling approximately 9,524 rentable square feet on an 8,585 square foot lot. Each unit is thoughtfully designed with central air and heat, private balconies, and fireplaces, providing comfortable and attractive living spaces for tenants. The building has been professionally managed by long-term ownership and offers strong rental upside potential. Recent capital improvements include: Two fully renovated units (105 and 203) New HVAC system in Unit 203 Updated electrical panels compliant with current insurance requirements Roof maintenance and hydro-jetting of plumbing lines in the garage On-site laundry room with 2 washers and 2 dryers Secure subterranean parking for 18 vehicles Located within the high-performing Glendale Unified School District, the property is within walking distance of Herbert Hoover High School and Eleanor J. Toll Middle School, with Balboa Elementary just a short drive away. The neighborhood also benefits from nearby magnet and dual-language programs specializing in the arts, technology, and immersive educationmaking it a highly attractive location for families.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Take the 134 Freeway and exit at Pacific Ave, turn right on to stocker st turn left on the N Columbus ave and the property is on
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Rock/Gravel
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5633022019
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Petros Gumrikyan Pinnacle Estate Properties
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Krystal Lane
Partner | Lic# 1918284