Glendale, CA 91203,107 N Columbus AVE
Glendale, CA 91203,107 N Columbus AVE
Glendale, CA 91203,107 N Columbus AVE
Glendale, CA 91203,107 N Columbus AVE
Glendale, CA 91203,107 N Columbus AVE
Glendale, CA 91203,107 N Columbus AVE
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Christian Task

Christian Task

+1(714) 910-8642
$ 7,100,000
Est. payment | /mo

10 Beds

13 Baths

7,796 SqFt

Save
$ 7,100,000
Est. payment | /mo
Save

10 Beds

13 Baths

7,796 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,796 sqft

Price per Sqft $910

MLS Listing ID 25482897

Bedrooms 10

HOA Y/N No

Year Built 1925

Lot Size 9,452 Sqft

Property Description

Graceland Apartments, located at 107 N. Columbus Avenue, is a charming 13-unit historic American Four Square building just one block from the Glendale Americana. The current owner has made over $1 million in strategic capital improvements, including upgrades to the electrical system, plumbing, and roofing. Spanning two parcels, the property offers a diverse mix of units: (2) 2-bedroom/1-bathroom, (6) 1-bedroom/1-bathroom, and (5) studios. With spacious floorplans, many units have been meticulously restored to cater to the area's strong tenant demand. A RUBS (Ratio Utility Billing System) program has been implemented across all units, boosting operational efficiency and allowing for a sub-30% expense ratio for future owners. The property also includes ten garages, currently generating rental income with the potential to be converted into three 2-bedroom/1-bathroom ADUs, each around 700 square feet. These ADUs could add approximately $34,605 in annual rental income. By capitalizing on market rent increases and investing in ADU construction, a new owner could see an impressive return on cost of up to 333%. ***Assumable Financing Available***

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLC3*

Interior

Heating Electric

Cooling Electric

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 10.0

Garage Description 10.0

Total Parking Spaces 10

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5637015023

Special Listing Condition Standard

CRMLS – RECore
Listed by Douglas Steinriede Dover Management Corp.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Horace Mann Elementary School

    Public | PK - 5

  • 9

    R. D. White Elementary School

    Public | KG - 5

  • 9

    Delevan Drive Elementary

    Public | KG - 6

  • 8

    Joaquin Miller Elementary School

    Public | KG - 5

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Balboa Elementary School

    Public | KG - 6

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Mark Keppel Elementary School

    Public | KG - 5

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 7

    Ralph Emerson Elementary

    Public | KG - 5

  • 7

    Benjamin Franklin Elementary School

    Public | KG - 6

  • 7

    Celerity Octavia Charter

    Public | KG - 8

  • 7

    John Marshall Elementary School

    Public | KG - 5

  • 7

    Verdugo Woodlands Elementary School

    Public | KG - 6

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 6

    John Muir Elementary School

    Public | KG - 6

  • 6

    Glenoaks Elementary School

    Public | KG - 6

  • 5

    Thomas Edison Elementary School

    Public | KG - 6

  • 5

    Columbus Elementary School

    Public | PK - 5

Middle Schools 8
  • 8

    Woodrow Wilson Middle School

    Public | 6 - 8

  • 7

    Eleanor J. Toll Middle School

    Public | 6 - 8

  • 6

    Theodore Roosevelt Middle School

    Public | 6 - 8

  • 6

    Irving STEAM Magnet

    Public | 6 - 8

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 0

    Burbank Unified School District Community Day

    Public | 7 - 12

  • 0

    Jewel City Community Day

    Public | 7 - 10

High Schools 12
  • 8

    John Marshall High School

    Public | 9 - 12

  • 8

    Alliance Environmental Science and Technology High School

    Public | 9 - 12

  • 7

    Herbert Hoover High School

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 6

    Glendale High School

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 4

    Los Angeles River High School

    Public | 9 - 12

  • 3

    School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

    Public | 9 - 12

  • 0

    Bellarmine-Jefferson High School

    Private | 9 - 12

  • 0

    Holy Family High School College Preparatory

    Private | 9 - 12

  • 0

    Daily (Allan F.) High (Continuation)

    Public | 9 - 12

  • 0

    Artlab at Sonia Sotomayor Learning Academics

    Public | 9 - 12

School and business data provided by Attom Data.
Christian Task

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 910-8642

ctaskre@gmail.com

P.O. Box 663, Sunset Beach, California, 90742, USA

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107 N Columbus AVE