#24470949, Sevak Keshishian, Listing Office: Marcus & Millichap
#25483003·
Listing Office: Dover Management Corp.·
Listing Agent: Douglas Steinriede·
Listing Office Phone: 818-843-5200
615 S Columbus Ave Glendale, CA 91204
$6,400,000 List price
12 beds
13 baths
8,620 sqft
0.4 acres
$742 / sqft
House
Property details
About 615 S Columbus Ave
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.***
Highlights
Home typeOther
HeatingElectric
StatusActive
CoolingElectric
Size8,620 sqft
Lot size0.4269 Acres
Year built1923
MLS #25483003
Garage8 spaces
Summary
- MLS Number: 25483003
- MLS Name: CRMLS
- Office Name: Dover Management Corp.
- Office Phone: (818) 843-5200
- Listing Agent: Douglas Steinriede
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: 2/2/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,400,000
615 S Columbus Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 19, 2015 | Home Sold | $2,448,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,888,333 | $32,894 |
| 2023 | $2,831,776 | $32,164 |
| 2022 | $2,776,328 | $31,623 |
| 2021 | $2,721,967 | $31,071 |
| 2020 | $2,690,197 | $29,910 |
| 2019 | $2,637,449 | $29,231 |
| 2018 | $2,585,736 | $28,753 |
| 2017 | $2,535,037 | $28,753 |
History based on county public records data.
Nearby schools
6
Thomas Edison Elementary School
Public District KG-6
0.3 mi
•435 S Pacific Ave
8
Horace Mann Elementary School
Public District PK-5
0.7 mi
•501 E Acacia Ave
6
Cerritos Elementary School
Public District PK-6
1.0 mi
•120 E Cerritos Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,368. Most Glendale, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
47%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 615 S Columbus Ave
This home is located at 615 S Columbus Ave in Glendale, CA and zip code 91204 in the Pacific-Edison neighborhood. This 8,620 square foot home, which was built in 1923, sits on a 0.43 acre lot. Features: 12 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $6,400,000.
In January 2025 more than 17 listings in Glendale, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 12 were sold below. The number of listings in Glendale, CA increased by 3.2% between December and January 2025. While the average time on the market in January 2025 was 32 days, the median list price was $1,152,888.
From Rocket Homes Real Estate and based on county public records data.