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Property view

120 S Belmont St, 
Glendale, CA 91205

$2,680,000


13

Beds


8

Baths


7,853

Sq Ft


Multi-Family

Sold

Listed by

Kenny Stevens

Compass

310-230-5478

MLS#

25517525

Source:

CA CLAW

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About This Home

120 S Belmont St

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.

Home Facts

Multi-Family

8 Baths

13 Bedrooms

Built in 1962

Price Summary

2,950,000

$375 per Sq. Ft.

MLS #:

25517525

Sold:

June 4, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

13

Bathrooms

Total Bathrooms:

8

Interior

Living Area:

7,853 Sq. Ft.


Structure

Structure

Year Built:

1962


Lot

Lot Size (Sq. Ft):

7,498


Finances & Disclosures

Finances

Price:

$2,950,000

Price per Sq. Ft:

$375 per Sq. Ft.

Source:CA CLAW
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