
Multifamily listing
440 w milford st
sold in
Glendale
12-Unit Downtown Glendale Complex w/ 13.71 GRM
Sold At
$
4,200,000
12
Number of Units
1979
Year Built
9,476
SF
Square Footage
14,554
SF
Lot Size
GLR4
Zoning
440 W Milford St, Glendale, CA 91203
About the Property
440 W Milford St is a 12-unit courtyard-style multifamily property located less than 1 mile from Downtown Glendale and directly across from Columbus Elementary School. The immediate streetscape is defined by single-family homes and smaller apartment buildings rather than higher-density product concentrated closer to Brand Blvd.
Built in 1979, 440 W Milford St sits on a 14,554 SF double lot zoned GLR4. Parcels of this size within walking distance of Downtown Glendale are increasingly limited, particularly in residential pockets that remain insulated from major arterial traffic. The two-story configuration is organized around an interior open-air courtyard, separating units from the street and reinforcing a residential scale that aligns with the surrounding neighborhood.
A Downtown Glendale Corridor With Residential Stability
440 W Milford St is located approximately 0.8 miles from The Americana at Brand, the Glendale Galleria, and the Brand Blvd retail corridor. Downtown Glendale functions as one of Los Angeles County’s more employment-driven rental nodes, supported by corporate offices, healthcare facilities, and established retail density.
Unlike properties positioned directly on commercial corridors, this location combines proximity to Downtown employment with the quieter environment of a school-adjacent residential block. That balance tends to attract tenants seeking access without sacrificing neighborhood stability.
A Unit Mix That Reflects Glendale’s Rental Base
The property consists of (5) 2-bed / 2-bath units, (1) 2-bed / 1-bath unit, and (6) 1-bed units. The 2-bed layouts accommodate household renters drawn to established residential streets and nearby schools. The 1-bed units align with professionals working in Glendale’s retail, corporate, and healthcare employment centers. Courtyard configurations in this portion of Glendale remain competitive relative to older interior-corridor product, particularly when paired with consistent unit sizing and exterior access.
Covered Parking in a School-Oriented Neighborhood
440 W Milford St includes approximately 18 covered parking spaces secured behind controlled-access gates. Off-street parking remains relevant in residential pockets where school traffic and multifamily clustering can tighten street availability. The 14,554 SF GLR4 lot introduces consideration for future ADU development, subject to buyer verification and municipal guidelines.
Regulatory Positioning Outside LA RSO
Constructed in 1979, 440 W Milford St operates under Glendale’s rent structure, allowing annual increases of 5% plus CPI. The property is not subject to Los Angeles City RSO. For investors allocating capital across LA County, jurisdiction influences long-term income modeling and notice requirements as much as location fundamentals. At projected market rents, 440 W Milford St is expected to stabilize at a 6.06% CAP and 11.84 GRM.
Conclusion
440 W Milford St represents a 12-unit Glendale multifamily opportunity combining courtyard layout, double-lot zoning depth, school adjacency, and Downtown proximity. Within a built-out residential corridor supported by employment density and limited new supply, the asset offers scale and regulatory positioning distinct from comparable Los Angeles City properties.
For buyers evaluating active Glendale multifamily opportunities near Downtown amenities, our current listings can be viewed here.
440 W Milford St.
Northeast LA
Listed Price
$
Number of Units
12 Units
Price per. Unit
$375,000
Bldg. Size
9,476 SF
Price per Foot
$475
Lot Size
14,554 SF
Year Built
1979
Current CAP
4.93
Market CAP
6.06
Zoning
GLR4
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$375,000
Price p/ Sq. ft.
$475
Proforma Cap Rate
6.06




Contact
Sales agent




Related
Closed Listings
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