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657 Milford St
Glendale, CA 91203 Vineyard

$5,000,000 USD

Apartments For Sale  •  12,030 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,030 SF
  • Lot Size 0.35 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 5.40 %
  • Zoning GLR4YY
52 Transit Score
77 Walk Score

Highlights

Below Market Rents – Upside of 10-15%+ with Renovation
100% Occupancy – Stable Cash Flow
PRICE REDUCTION: FROM $5,600,000 TO NEW PRICE $5,000,000

Property Flyers

Cap Rate: 5.40 %

Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.5 mi
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 7 min - 3.7 mi
AirportDriveWalkDistance
Bob Hope 14 min - 9.2 mi
Los Angeles International 38 min - 24.3 mi
Long Beach (Daugherty Field) 42 min - 30.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Robert Ip 626-394-2527 Coldwell Banker Commercial Realty
Robert Ip 626-394-2527 Coldwell Banker Commercial Realty