Glendale, CA 91203,440 Milford St
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Glendale, CA 91203,440 Milford St
Glendale, CA 91203,440 Milford St
Glendale, CA 91203,440 Milford St
Glendale, CA 91203,440 Milford St
Anastasiya Richards
Anastasiya Richards

Agent | License ID: 01973283

+1(510) 493-0442

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$ 4,200,000

$ 4,500,000 6.7%

Est. payment /mo
Sold on 11/05/2024

440 Milford St Glendale, CA 91203

18 Beds

17 Baths

9,476 SqFt


UPDATED:

Key Details

Sold Price $4,200,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,476 sqft

Price per Sqft $443

MLS Listing ID 24-428101

Sold Date 11/05/24

Bedrooms 18

Year Built 1979

Lot Size 0.334 Acres

Property Sub-Type Multi-Family

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 Glendale-South Of 134 Fwy

Zoning GLR4*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Flooring Other

Equipment Built-Ins, Cable, Garbage Disposal, Range/Oven, Hood Fan

Laundry Community

Exterior

Parking Features Carport, Covered Parking, Detached

Garage Spaces 18.0

View Y/N No

View None

Building

Lot Description 2-4 Lots

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass
Bought with DiversifiedPropertyInvestments

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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