Under contract

440 Milford St

Glendale CA, 91203

$4,500,000


$474.88 per sqft

Under contract

18 Beds

17 Baths

9,476 sqft

Multi-family

Built in 1979

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.

24-428101

MLS ID

August 15, 2024

Listed

September 13, 2024

Updated

Map

440 Milford St
Glendale CA, 91203

Interior Features

Total Stories

2


Bedrooms

18


Total Bathrooms

17


Appliances

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


Laundry Description

Community


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.33 Acres


Lot Features

2-4 Lots

Other Property Details

Area Name

Glendale-South of 134 Fwy


Days on Market

12


Garage

No


Parking

Carport, Covered Parking, Detached


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

Listed by Kenny Stevens with Compass
Listing Contact: 310-968-7005 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor JACOB ARUTIUNIAN | CA DRE# 01990588 & LIUBOV SAVOSKIN | CA DRE# 02015017 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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