107 N Columbus Ave Glendale, CA 91203

$7,100,000
10 beds
13 baths
7,796 sqft
0.2 acres
$911 / sqft
House

Property details

About 107 N Columbus Ave

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***

Highlights

Home typeOther
HeatingElectric
StatusActive
CoolingElectric
Size7,796 sqft
Lot size0.217 Acres
Year built1925
MLS #25482897
Attached garage10 spaces

Summary

  • MLS Number: 25482897
  • MLS Name: CRMLS
  • Office Name: Dover Management Corp.
  • Office Phone: (818) 843-5200
  • Listing Agent: Douglas Steinriede

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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outdoor building at dusk featuring a mountain view

$7,100,000

107 N Columbus Ave

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Price information

Property sales

DateEventPrice
Sep 17, 2018
Home Sold
$3,300,000

Tax history

YearAssessmentProperty Tax
2021$2,696,573$30,425
2020$2,668,014$29,106
2019$2,600,000$2,422
2018$135,912$2,350
2017$133,248$2,350

History based on county public records data.

Nearby schools

5

Columbus Elementary School

Public District PK-5

0.4 mi

425 Milford St

6

Thomas Edison Elementary School

Public District KG-6

0.5 mi

435 S Pacific Ave

6

R. D. White Elementary School

Public District KG-5

1.0 mi

744 E Doran St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,986. Most Glendale, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

58%
<35k
28%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
7%
Single, with Kids
29%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 107 N Columbus Ave

This home is located at 107 N Columbus Ave in Glendale, CA and zip code 91204 in the Vineyard neighborhood. This 7,796 square foot home, which was built in 1925, sits on a 0.22 acre lot. Features: 10 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $7,100,000.

In December 2024, from all listings sold in Glendale, CA there were more than 26 sold above asking price, over 20 sold below and more than 5 were sold right at the asked price. Between November and December 2024, Glendale, CA real estate market has seen decrease in the number of listings by 22.7%. In December 2024 median list price was $1,155,000 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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