120 S Belmont Street

Glendale, CA 91205

  • 13 Bed(s)
  • 0 Bath(s)
  • 7,853 Sqft
  • 7498
    Sqft(Lot)
$2,950,000

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.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    49222676

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Property Details

  • Bedroom Information

    • Total Bedrooms : 13

    Bathroom Information

    • Total Baths: 8
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Refrigerator

    Heating Source

    • Wall Furnace
    • Has Heating
  • Building Information

    • Year Built: 1962
    • Building Area Total: 7,853

    Security Features

    • Gated Community

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1721
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7498
  • Listing Price Information

    • Original List Price: 2,950,000
    • Listing Contract Date: 2025-03-27

    Lease Information

    • Listing Agreement: Seller Reserved
  • Tax Information

    • Parcel Number: 5674011019
  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • 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.
    • Zoning: GLR4YY
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy

    Building and Construction

    • Property Age: 63
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 7853
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/08/2025 @ 17:03

  • MLS: 25517525
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 13 bedrooms which is for sale, it has 7,853 sqft, 7,498 sized lot, and 0 parking. are nearby neighborhoods.