Updated Jan 2, 2026
Ian Hagop Purchases Multifamily Asset At 657 West Milford Street For $4.5M
657 West Milford Street
$4,500,000
$374/SF
Building Size
12,030 SF
Asset Type
MultiFamily
Closing
Dec 2, 2025
About this deal
AI
The asset involved in this transaction is a multifamily property located at 657 West Milford Street in Glendale. The transaction took place for a sale price of $4,500,000, encompassing a total square footage of 12,030. The price per square foot for this property stands at $374.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,500,000
- Address: 657 West Milford Street
- Market: Glendale
- Square Footage: 12,030
- Price Per Square Foot: $374
- Buyer: Ian Hagop
- Seller: Julie Green
- Buyer's Representative: Chris Chasin & Jon Tran - Partners CRE
- Seller's Representative: Robert Ip & Julie Milbrodt - Coldwell Banker Commercial
The transaction involved Ian Hagop as the buyer, while Julie Green represented the seller. Chris Chasin and Jon Tran from Partners CRE represented the buyer, and Robert Ip alongside Julie Milbrodt represented the seller through Coldwell Banker Commercial.
On the Map
$4,500,000
$374/SF
MultiFamily
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Players
Glendale MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93