Under contract
Active Under Contract
440 Milford Street
Glendale CA, 91203
$4,500,000
$474.88 per sqft
Under contract
Active Under Contract
18 Beds
17 Baths
9,476 sqft
Residential
Built in 1979
Listed by Kenny Stevens with Compass 310-968-7005
440 W. Milford is a 12-unit courtyard-style complex in the suburban family-oriented neighborhood of Glendale. The property is located on a quiet tree-lined street with a mix of single-family homes, well-maintained apartment buildings and across from Columbus Elementary School. Located 0.8 miles from the heart of Downtown Glendale, this well-maintained property is under a mile from The Americana, Glendale Galleria, and a wide array of popular retailers, cafes, and restaurants along Brand Boulevard. Built-in 1979, the 2-story complex features (5) 2-bdrm. and 2-bath units, (1) 2- bdrm. unit, and (6) 1-bdrm. units. These units reside on a nicely landscaped 14,554 SF double lot zoned GLR4 that presents a possible opportunity to add ADUs (buyer to verify). Property amenities include approx. 18 covered parking spaces, balconies for select units, and controlled access. Please note, The City of Glendale currently allows an 8.8% annual rent increase, 5% + CPI (Consumer Price Index). 440 W. Milford will stabilize at a 6.06% CAP and 11.84 GRM with projected market rents for renovated units.
24428101
MLSⓇ ID
August 15, 2024
Listed
September 13, 2024
Updated
Map
440 Milford Street
Glendale CA, 91203
Interior Features
Total Stories
2
Bedrooms
18
Total Bathrooms
17
Appliances
Disposal
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.33 Acres
Other Property Details
Area Name
628 - Glendale-South of 134 Fwy
Days on Market
12
Garage
No
Parking
Covered, Carport
Parking Total
18
View
No
View Description
None
County
Los Angeles
Pool
No
Zoning
GLR4*
Listing History
Date | Event | Price |
|---|---|---|
8/27/2024 | Under contract | — |
Listing Contact: 310-230-5478
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/13/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/13/2024 at 3:14 PM UTC