Active

201 N Belmont

Glendale, CA 91206
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Bed 0

Bed

Bath 0

Bath

SqFt37,295

Sqft

SqFt22,817

Sqft(Lot)

We are pleased to present The Belmont Plaza Condos, a rare 26-unit multifamily investment opportunity located at 201 N Belmont Street in the heart of Glendale, California being offered for acquisition for the first time in 4 decades. Originally built as condominiums, the property offers a level of scale, unit size, construction quality and long-term optionality that is exceptionally difficult to replicate in today’s market. The asset totals approximately 37,295 square feet, with an average unit size of roughly 1,434 square feet, giving investors a highly differentiated rental product in one of Los Angeles County’s most supply-constrained and desirable apartment markets. With he highest allowable rent increases in the states an offered below replacement cost at only $332/ sf , the offer ing will suit a wide range of capital requirements. The unit mix is heavily weighted toward very large large two- and three-bedroom floor plans, with all units featuring washer and dryer hookups, private balconies or patios, generous layouts and strong resident appeal. Current rents are significantly below comparable market levels on a rent-per-square-foot basis, creating a clear path to income growth while maintaining the stability and desirability of a larger-unit Glendale asset. The location is one of Belmont Plaza’s strongest attributes. Residents benefit from a 93 Walk Score and immediate access to some of Glendale’s most sought-after retail, dining and lifestyle amenities, including Erewhon, Whole Foods, The Americana at Brand, Glendale Galleria, Porto’s, Nordstrom Rack and Brand Boulevard. Recent capital improvements include a new roof with warranty and new sewer lines, providing investors with added confidence in the asset’s physical condition. With its condominium-built design, oversized units, exceptional walkable location, strong in-place income and meaningful embedded rent growth, The Belmont Plaza Condos represents a generational opportunity to acquire a trophy Glendale multifamily asset with both immediate cash flow and long-term appreciation fundamentals and multiple exit scenario potential. ** For offering memorandum and tour dates, contact listing agent ** Some images digitally altered/staged. 25+1n.c.. You are always instructed to consult your tax, legal and financial advisors, information from reliable sources however no promises to accuracy of information, buyer/broker to verify condo feasibility.

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Detail Ic Property Details

Property Type : Residential Income

Price : $12,400,000

AD Id : 87070032

MLS Id : SR26141166

Lot Size : 22,817 Sqft

Living Area Size : 37,295

Year Built : 1985

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Private Sewer: Private Sewer
  • Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1985 Building Area Total: 37,295
  • Pool Features

    Private

    Laundry Features

    Washer Hookup,Electric Dryer Hookup

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5238
  • Lot Size Source: Assessor Lot Size Square Feet: 22817

  • Listing Price Information

    Original List Price: 12,400,000 Listing Contract Date: 2026-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5645018035

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 628 - Glendale-South of 134 Fwy Directions: Cross st is Wilson Ave Source Property Type: Residential Income Area: 628 - Glendale-South of 134 Fwy Property SubType: Apartment
  • Building and Construction

    Property Age: 41 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: curb Property Attached: Yes
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Nearby Home Value

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3810 San Augustine Drive, Glendale, CA, 91206 $1,560,000 4 1 2,123 2,123 SqFt
3180 Dragonfly Street, Glendale, CA, 91206 $1,999,900 4 3 3,069 3,069 SqFt
3275 Buckingham Road, Glendale, CA, 91206 $2,075,000 4 2 3,558 3,558 SqFt
3060 Hollywell, Glendale, CA, 91206 $2,395,000 4 3 2,575 2,575 SqFt
2241 Flintridge Drive, Glendale, CA, 91206 $2,350,000 5 3 2,648 2,648 SqFt
1602 Golf Club Drive, Glendale, CA, 91206 $2,595,000 4 3 3,870 3,870 SqFt
2885 Edgewick Road, Glendale, CA, 91206 $2,990,000 3 3 2,196 2,196 SqFt
416 Coutin Lane, Glendale, CA, 91206 $1,799,000 3 3 2,119 2,119 SqFt
2786 Kennington Drive, Glendale, CA, 91206 $1,799,000 4 2 3,081 3,081 SqFt
2773 Valle Vista, Glendale, CA, 91206 $1,990,000 3 3 2,756 2,756 SqFt

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ByOwner last updated this listing 07/01/2026 @ 04:51

MLS: SR26141166 LISTED BY: Levon Alexanian, Keller Williams World Media Center 818-239-3500 SOURCE: CRMLS

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