CA > Glendale
Glendale, CA 91203,440 Milford ST
Glendale, CA 91203,440 Milford ST
Glendale, CA 91203,440 Milford ST
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$4,500,000
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18 BD
17 BA
9,476 SqFt
Active Under Contract

440 Milford ST Glendale, CA 91203

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Frances Inda

Frances Inda

+1(858) 753-3405

UPDATED:

09/30/2024 06:31 PM

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,476 sqft

Price per Sqft $474

MLS Listing ID 24428101

Bedrooms 18

HOA Y/N No

Year Built 1979

Lot Size 0.334 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4*

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal

Laundry Common Area

Exterior

Garage Covered, Carport

Community Features Gated

View Y/N No

View None

Parking Type Covered, Carport

Attached Garage No

Total Parking Spaces 18

Building

Faces North

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5637020039

Security Features Gated Community,Key Card Entry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Kenny Stevens • Compass

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Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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440 Milford ST