615 S Columbus Ave, Glendale, CA 91204

DO NOT WALK ON THE PROPERTY OR DISTURB THE TENANTS. Located within walking distance (5 short blocks) of Americana at Brand, the Columbus Courtyard Apartments in Glendale present a rare opportunity for an investor seeking a "value-add" opportunity in a desirable location, free of the restrictions of rent control. On the market for the first time in over 30 years, the 13-unit asset consists of 12 private 1 bed 1 bath bungalow-style homes, and 1 studio unit. There are 5 structures and an additional 8-garage structure with one apartment unit above it. One of the garages currently functions as a laundry room, another is rented out to a non-tenant. A few of the units' kitchens have been remodeled. The buildings' plumbing consists of partial copper. New cement was poured in the rear parking area. In addition to the 8 garages, there is ample room for on-site parking. Rents are well below market. A more aggressive management approach could potentially increase cash flow to a significant degree.