$2,680,000
SOLD JUN 4, 2025

120 S Belmont St Glendale, CA 91205

Citrus Grove Neighborhood
13 Beds
8 Baths
7,853 Sq Ft
7,498 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

9% Below List Price

18 Days on Market

Highlights

  • Built-In Features
  • Gated Home
  • 3-minute walk to Glendale Heritage Garden
  • Laundry Facilities
  • West Facing Home

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 03/27/2025

Compass

Last Buyer's Agent

Kenny Stevens

Compass License #01090251 Listed on: 03/27/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,498 Sq Ft Lot
  • West Facing Home
  • Gated Home

Interior Spaces

  • 7,853 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5674-011-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 7853
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood Laminate
  • Bedrooms: 13
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 375.65

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Paved: Yes
  • View: No

Garage/Parking

  • Covered Parking: 8
  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Gated

Lot Info

  • Assessor Parcel Number: 5674-011-019
  • Lot Location: Alley Access
  • Lot Size Area: 7498

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.47
  • Number Of Units: 8
  • Rent Control: 100
  • Total Annual Expense: 73379
  • Type Of Units: Apartments
  • Vacancy Rate: 1 unit

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold $2,680,000 -9.2% $341 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $2,950,000 -- $376 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2025

    Kenny Stevens

    Compass

    (424) 284-4453

    2 in this area

    42 Total Sales

    Kenny Stevens
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Map

Source: The MLS

MLS Number: 25517525

The MLS
California Los Angeles County Glendale 91205 Citrus Grove

120 S Belmont St, Glendale, CA

This home is located at 120 S Belmont St, Glendale, CA 91205 and is currently priced at $2,680,000, approximately $341 per square foot. This property was built in 1962. 120 S Belmont St is a home located in Los Angeles County with nearby schools including John Marshall Elementary School, Woodrow Wilson Middle School, and Glendale High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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