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440 Milford Street
Glendale, CA 91203
Sold
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.
PROPERTY INFORMATION
| MLS # | 24428101 | Lot Size | 14,554 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 4,500,000
Price Per SqFt: $ 475 |
DOM | 289 Days |
| Address | 440 Milford Street | Type | Residential Income |
| City | Glendale | Sq.Ft. | 9,476 Sq. Ft. |
| Postal Code | 91203 | Garage | N/A |
| County | Los Angeles | Year Built | 1979 |
| Bed / Bath | 18 / 0 | Parking | 18 |
| Built In | 1979 | Status | Closed |
| Sold Date | 2024-11-05 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Appliances | Yes |
| Kitchen Appliances | Disposal |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| SecuritySafety | Gated Community, Card/Code Access |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 87 (Very Walkable)
Transit Score: 59 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,800
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/15/2024 | Listed | $4,500,000 |
Topfind Realty
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Listing provided courtesy of Kenny Stevens, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.
