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120 S Belmont Street

Glendale, CA 91205

– beds
– baths
– sqft
7,498 sqft lot
1962 build
– on site

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.

Listed By CRMLS_CA / Kenny Stevens / Compass

Last checked: Checking… • Last updated Apr 3, 2025 •

MLS# 25517525 —

The Building

Year Built:

1962
New Construction:

No
Building Area Total:

7853.00
Total Number Of Units:

8
# of Buildings:

1
Stories Total:

2
Faces:

West

Interior

Levels:

Two
Laundry:

Community
Laundry:

1

Location

Directions:

The subject property is 0.5 miles from Glendale Fashion Center, 1 mile from The Americana and Downtown Glendale, and 1.5 miles from Eagle Rock Plaza.
Latitude:

34.14544900
Longitude:

-118.24270600

The Property

Property Type:

Residential Income
Zoning:

GLR4YY
Lot Size Area:

7498.0000
Lot Size Acres:

0.1721
Lot Size SqFt:

7498.00
View:

None
Security Features:

Gated Community
Additional Parcels:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5674011019

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

8.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	CRMLS_CA	$2,950,000

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This multifamily located in Citrus Grove, Glendale, CA 91205 is currently for sale for $2,950,000. 120 S Belmont Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 120 S Belmont Street is in the Citrus Grove neighborhood of Glendale and has a WalkScore® of 95, making it a walker’s paradise. This multifamily is in the attendance area of Glendale Senior High School, Woodrow Wilson Middle School, and John Marshall Elementary School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 20:33 on Apr 03.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.