1207 N Columbus Ave - Apartments FOR SALE


Glendale, CA 91202- Verdugo Viejo
$4,650,000 USD
747-221-2675
1207 N Columbus Ave, Glendale, CA for Sale
$4,650,000 USD
Apartments - FOR SALE
1/38
null | 6.07% Cap Rate

1207 N Columbus Ave
Glendale, CA 91202
Verdugo Viejo


HIGHLIGHTS

  • Pride of ownership
  • In one of the most desirable locations in Glendale
  • close to all major shopping centers and restaurants

OVERVIEW

Huge price drop!!! 1207 N. Columbus Avenue—a meticulously maintained 10-unit apartment building located just north of Glenoaks Boulevard in one of Glendale’s 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 education—making it a highly attractive location for families.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$488 USD /SF

# OF UNITS

10

PRICE/UNIT

$465,000

CAP RATE

6.07%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

GLR4YY

APN/PARCEL ID

5633-022-019

ASK ABOUT THIS PROPERTY

Petros GumrikyanPinnacle Estate Properties, Inc.More Info
747-221-2675

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Petros GumrikyanPinnacle Estate Properties, Inc.More Info
747-221-2675

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.