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.
The income description goes here to explain
| List Price | $4,695,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 18 spots |
| Year Built | 1989 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5633022019 |
| MLS # | SR25152016 |
| Property ID | 321962125 |
| Lot Sqft | 8,565 |
| Zoning | GLR4YY |
| Total Units | 10 |
| Days on Market | 168 |
| Original List Price | $4,800,000 |
| Date Updated | November 17, 2025 |
| Date Created | July 06, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $23,595 | $0 |
| Net Income (Yr) | $ 207,931 |
| Cap Rate | 6.07% |
Petros Gumrikyan an agent of . Lic #02129119
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 17, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT