440 W Milford Ave is a well-maintained Glendale multifamily asset offering scale, stability, and long-term upside in one of the city’s most desirable residential neighborhoods. This 12-unit, courtyard-style property is located on a quiet, tree-lined street across from Columbus Elementary School—surrounded by a mix of single-family homes and other low-density apartment buildings. The setting offers a rare combination of suburban tranquility and urban convenience.

Positioned just 0.8 miles from The Americana at Brand, the Glendale Galleria, and the retail-lined Brand Boulevard corridor, 440 W Milford Ave provides walkable access to shopping, dining, and major employers throughout Downtown Glendale. Built in 1979, the two-story complex is comprised of (5) two-bedroom, two-bath units, (1) two-bedroom, one-bath unit, and (6) one-bedroom units—an ideal mix for serving both families and professionals.

The 14,554 SF double lot is zoned GLR4 and may offer ADU development potential for future expansion (buyer to verify). Select units feature private balconies, and the property includes approximately 18 covered parking spaces and controlled-access entry. The building’s layout and amenity mix enhance both tenant retention and long-term operational efficiency.

Glendale remains one of the most landlord-friendly jurisdictions in LA County, with allowable annual rent increases of 5% + CPI (currently 8.8%), giving investors more flexibility than comparable assets subject to LA rent control. At projected market rents, 440 W Milford Ave is expected to stabilize at a 6.06% CAP rate and 11.84 GRM, offering a strong return profile for a well-located, low-density asset.

For investors seeking a high-performing Glendale multifamily property with upside, location, and potential expansion opportunities, 440 W Milford Ave presents a rare opportunity in one of the region’s most consistent rental markets.