615 S Columbus Avenue
Glendale, CA, 91204
$6,400,000
Beds
0 Baths
SqFt
0.43 Acres
Add
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Glendale Court Bungalows, located at 615 S. Columbus Avenue, is a beautifully restored 13-unit California bungalow-style courtyard property, just five blocks from the Glendale Americana. The current owner has invested over $700,000 in capital improvements, including upgrades to electrical systems, plumbing, and exterior features. The property consists of 12 one-bedroom/one-bath units and one studio, all of which have been meticulously renovated to meet the strong tenant demand in the area. A Ratio Utility Billing System (RUBS) has been implemented across all units, boosting operational efficiency and ensuring a sub-30% expense ratio for future ownership. The property also offers eight garages and five surface parking spaces, currently generating income. The garages present a potential opportunity for conversion into three ADUs (Accessory Dwelling Units), which could generate an estimated $34,605 in additional annual rental income. With further investment in ADU construction and adjustments to market rents, a new owner could achieve an impressive return on cost of nearly 270%. ***Assumable financing is available at 5.18%, with 5 years of fixed financing, including 2 years of interest-only payments remaining.***

Property Details

Price:
$6,400,000
MLS #:
25483003
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
628glendalesouthof134fwy
Listed Date:
Jan 22, 2025
Lot Size:
18,596 sqft / 0.43 acres (approx)
Year Built:
1923
628glendalesouthof134fwy

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Schools

Interior

Cooling
Electric
Heating
Electric
Laundry Features
Washer Included, Dryer Included

Exterior

Parking Spots
13.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Glendale as of Oct 23, 2025
47
Residential Income Listed
161
Avg DOM
$3,811,255
Avg List Price

Property Summary

    615 S Columbus Avenue Glendale CA is a Residential Income for sale in Glendale, CA, 91204. It is listed for $6,400,000

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