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    Condominium Apartment Building Title is generated by Realmo AI

    201 N Belmont, Glendale, CA 91206

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    Condominium-style multifamily with 26 units and in-unit washer and dryer hookups, balconies or patios.

    Type:Multifamily
    Property size:
    37,295 SF
    Price / SF:
    $332/SF
    Added:
    Jun 29, 2026
    Days on Market:
    10
    Last Refresh:
    Jul 4 at 2:44 am

    Property Features for 201 N Belmont

    General Information

    Standard status
    Active
    Size
    37,295 SF
    Property subtype
    Multifamily

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    Levon Alexanian

    Listing office Keller Williams World Media Center

    Listing date Jun 29, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams World Media Center

    HighLights

    • The Belmont Plaza Condos: 26‑unit condominium‑style multifamily at 201 N Belmont Street, Glendale, CA.
    • Approx. 37,295 SF total with an average unit size of roughly 1,434 SF.
    • Unit mix heavily weighted to very large 2- and 3‑bedroom floor plans.
    • All units include washer and dryer hookups and private balconies or patios.
    • 93 Walk Score with immediate access to nearby retail and dining, including Erewhon, Whole Foods, and The Americana at Brand.
    • Listing notes offer at $332/SF and states rents are below comparable market levels on a rent‑per‑square‑foot basis.

    Overview

    The Belmont Plaza Condos is a condominium-style multifamily property consisting of 26 units. Built originally as condominiums, the building totals approximately 37,295 square feet, with an average unit size of roughly 1,434 square feet. The unit mix is heavily weighted toward large two- and three-bedroom floor plans. Each unit includes washer and dryer hookups and features private balconies or patios, supporting a larger-format rental experience.

    Located at 201 N Belmont Street in Glendale, California, the property is presented as being offered for acquisition for the first time in 4 decades. The remarks note a 93 Walk Score and immediate access to area retail and dining options including Erewhon, Whole Foods, The Americana at Brand, Glendale Galleria, Portos, Nordstrom Rack, and Brand Boulevard.

    This configuration can fit investors and operators seeking a larger-unit Glendale multifamily product with in-unit laundry connections and outdoor space for residents. With the property’s condominium background and consistent amenities across units, it may appeal to buyers looking for a differentiated income profile centered on spacious 2- and 3-bedroom layouts.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.36M $36.60
    − Vacancy −$88.7k −$2.38
    EGI $1.28M $34.22
    − OpEx −$574.3k −$15.40
    NOI $701.9k $18.82
    37,295 SF · lease $36.60/SF/yr · vacancy 6.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $10.03M
    $8.77M – $11.70M (±1% cap)
    NOI $701,950 @ 7.0% cap · market cap 5.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $22.43M
    $19.63M – $26.17M (±1% cap)
    NOI $1,570,110 @ 7.0% cap · market cap 12.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant (Bike/Boat/Book/etc) Store Grocery & Convenience Store Farmer's Market Restaurant Restaurant Pet Grooming Service Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Los Angeles
    State
    California
    Longitude
    -118.2434128
    Latitude
    34.1484081

    FAQs

    What type of property is this?
    Apartment building - Condominium-style multifamily with 26 units and in-unit washer and dryer hookups, balconies or patios.
    Where is this apartment building located?
    The property is located at 201 N Belmont Glendale, CA.
    What is the asking price?
    The asking price for this property is $12,400,000.
    What are key features of this property?
    This property features: The Belmont Plaza Condos: 26‑unit condominium‑style multifamily at 201 N Belmont Street, Glendale, CA.; Approx. 37,295 SF total with an average unit size of roughly 1,434 SF.; Unit mix heavily weighted to very large 2- and 3‑bedroom floor plans.
    (818) 239-3500 Call to check price and availability
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