201 N Belmont, Glendale, CA 91206
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
201 N Belmont,Glendale, CA 91206
$12,400,000
- - Beds
- - Baths
- 37,295 sq. ft.
- Multi-family
- Active
Listed by: levon alexanian
Office: keller williams world media center818-239-3500
MLS#:SR26141166
Source:CRMLS
Price summary
- Price:$12,400,000
- Price per sq. ft.:$332.48
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 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 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 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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Home facts
- Year built:1985
- Listing ID #:SR26141166
- Added:1 day(s) ago
- Updated:June 29, 2026 at 07:30 PM
Rooms and interior
- Living area:37,295 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1985
- Building area:37,295 sq. ft.
- Lot area:0.52 Acres
Utilities
- Water:Private
- Sewer:Private Sewer
Finances and disclosures
- Price:$12,400,000
- Price per sq. ft.:$332.48
Features and amenities
- Pool features:Private
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