657 Milford St - Apartments FOR SALE


Glendale, CA 91203- Vineyard
$5,850,000 USD
626-394-2527
657 Milford St, Glendale, CA for Sale
$5,850,000 USD
Apartments - FOR SALE
1/9
null | 4.4% Cap Rate

657 Milford St
Glendale, CA 91203
Vineyard


HIGHLIGHTS

  • Below Market Rents – Upside of 10-15%+ with Renovation
  • 100% Occupancy – Stable Cash Flow

OVERVIEW

18 Unit Apartment Building An exceptional investment opportunity awaits at 657 Milford Street, an 18-unit apartment complex with rental upside in a prime Glendale location. This bright, airy, and modern property features six spacious 2-bed/1-bath units, two charming studios, and ten well-appointed 1-bed/1-bath units, appealing to a wide range of tenants. Residents will enjoy lush greenery in the beautifully landscaped front yard, a refreshing pool, onsite laundry facilities, and the convenience of dedicated parking. Just minutes from The Americana at Brand, the property offers easy access to world-class shopping, dining, and entertainment. With strong income potential, sought-after amenities, and an unbeatable location, 657 Milford Street is a rare investment opportunity not to be missed! - Below Market Rents – Upside of 10-15%+ with Renovation - 100% Occupancy – Stable Cash Flow Contact Robert Ip for full due diligence package.

FOR SALE DETAILS

PRICE

$5,850,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

18

PRICE/UNIT

$325,000

CAP RATE

4.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

18 Unit Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,876 SF

ZONING

GLR4YY

APN/PARCEL ID

5638-012-038

ASK ABOUT THIS PROPERTY

Robert IpColdwell Banker Commercial RealtyMore Info
626-394-2527

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Robert IpColdwell Banker Commercial RealtyMore Info
626-394-2527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.