CA > Glendale
Glendale, CA 91205,120 S Belmont St
Glendale, CA 91205,120 S Belmont St
Glendale, CA 91205,120 S Belmont St
13
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$2,950,000
Est. payment /mo
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13 Beds
8 Baths
7,853 SqFt
New

120 S Belmont St Glendale, CA 91205

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Hunter Scholl

Hunter Scholl

+1(702) 575-1320

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,853 sqft

Price per Sqft $375

MLS Listing ID 25517525

Bedrooms 13

Year Built 1962

Lot Size 7,498 Sqft

Property Sub-Type Multi-Family

Property Description

120 S. Belmont St. checks all the boxes for investors looking for a well-maintained asset in a highly desirable rental pocket of Glendale. The property is located 1.1 miles from The Americana, Glendale Galleria, Glendale Fashion Center, & an array of dining and entertainment options in downtown Glendale (Brand Blvd). This location offers tenants walkable access to luxury retail, dining, and top-tier employers (ranging from high-powered law firms to media and healthcare companies). Offered at 5.37% CAP and 12.47 GRM on current rents, $376 per foot, and $368 per unit, the property. In addition, Glendale's pro-landlord jurisdiction allows for annual rental increases of up to 5% + CPI (currently 8.9%), versus 4% for properties subject to LA rent control (buyer to verify). Most units are large 2-bdrm. units averaging approx. 1,000 SF, featuring spacious layouts, oversized windows, and excellent natural light. The building has been well cared for and includes gated access, 8 carport parking spaces with storage lockers, and minimal landscaping for low operational overhead. With solid existing income, potential for light cosmetic improvements, and a tenant base supported by nearby law, finance, and entertainment employment hubs, 120 S. Belmont is an ideal asset for investors seeking reliable growth in one of LA's most resilient submarkets.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning GLR4YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Wood Laminate

Equipment Built-Ins, Freezer, Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features Carport

Garage Spaces 8.0

Waterfront Description None

View Y/N No

View None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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agent

Hunter Scholl

The Right Hand | RE.S. 197305

+1(702) 575-1320

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120 S Belmont St