Glendale, CA 91202,1244 N Columbus Avenue
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Listed by Jerry Armen • Team Rock Properties
$ 3,995,000
Est. payment /mo
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1244 N Columbus Avenue Glendale, CA 91202

7,424 SqFt


UPDATED:

01/14/2025 07:24 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,424 sqft

Price per Sqft $538

MLS Listing ID CRGD25005830

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1953

Lot Size 0.337 Acres

Property Sub-Type Other

Property 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 ex

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Building

Water Public


Bay East AOR and Contra Costa AOR
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1244 N Columbus Avenue