See all 49 photos
$3,995,000
Est. payment /mo
0.34 Acres Lot
Active
1244 N Columbus AVE Glendale, CA 91202
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UPDATED:
01/14/2025 05:44 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD25005830
Originating Board California Regional MLS
Year Built 1953
Lot Size 0.337 Acres
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 thi
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Carport
Garage Spaces 12.0
Pool None
Building
Water District - Public
Others
Tax ID 5633013007
Special Listing Condition Not Applicable
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Listed by Jerry Armen • Team Rock Properties
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "