201 N Belmont, Glendale, CA 91206
Local realty services provided by:ERA North Orange County Real Estate
201 N Belmont,Glendale, CA 91206
$12,400,000
- 5 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: levon alexanian
Office: keller williams world media center
MLS#:SR26141166
Source:San Diego MLS via CRMLS
Price summary
- Price:$12,400,000
About this home
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 todays 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 Countys 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 offering 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 Plazas strongest attributes. Residents benefit from a 93 Walk Score and immediate access to some of Glendales most sought-after retail, dining and lifestyle amenities, including Erewhon, Whole Foods, The Americana at Brand, Glendale Galleria, Portos, Nordstrom Rack and Brand Boulevard. R...
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Home facts
- Listing ID #:SR26141166
- Added:46 day(s) ago
- Updated:August 16, 2026 at 08:50 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
Heating and cooling
- Heating:Forced Air Unit
Finances and disclosures
- Price:$12,400,000
Features and amenities
- Pool features:Private
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