About 1151 N Columbus Avenue
This exceptional 5-unit multifamily property in Glendale offers investors a rare opportunity to acquire a truly turn-key asset where the most costly and complex renovations have already been completed. All major capital improvements have been addressed, including upgraded plumbing from each unit all the way to the city street connection, newer roofing, fascia boards, exterior paint, and fully repaved asphalt. These significant improvements substantially reduce future capital expenditure and operational risk. The property consists of a front house and four one-bedroom units at the rear. The rear units have been fully upgraded with new windows, flooring, updated electrical and lighting, remodeled bathrooms, new stoves, refrigerators, water heaters, and brand-new in-wall air conditioning units. A shared laundry room with brand-new machines services the rear units. The front house has also been updated with new flooring, upgraded electrical and lighting, remodeled bathrooms, new kitchen appliances, and in-unit laundry. A rare Glendale offering where the heavy lifting has been done, making this an ideal acquisition for investors seeking stable income, minimal deferred maintenance, and long-term upside.
