135 S Belmont St - Apartments FOR SALE


Glendale, CA 91205- Citrus Grove
$2,800,000 USD
818-640-4360
135 S Belmont St, Glendale, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/38
null | 6.06% Cap Rate

135 S Belmont St
Glendale, CA 91205
Citrus Grove


HIGHLIGHTS

  • Pride of ownership 9 unit apartment building located in prime Glendale
  • Unit mix consists of (6) 1+1 units and (3) 2+2 units
  • Units are large and updated units have remodeled kitchens, hardwood floors, and mirrored closets
  • Property has upgraded electrical, copper plumbing, and 4 of the units have been renovated in the past year
  • Property is located in the heart of Glendale, close to the Americana, Glendale Galleria, and numerous restaurants and stores
  • Carport parking in front and back. 1 car space per unit; Rents are subject to AB1482 rent control

OVERVIEW

Equity Union Commercial is proud to represent this 9 unit property in Glendale. The building was constructed in 1962. Its unit mix consists of (6) 1+1 units and (3) 2+2 units. With a lot size of 7,668 square feet, the property has a total of 8,200 rentable square feet. The property is located in Glendale, which is a highly desirable rental market. As a major production center for the entertainment and animation industry, the city offers many amenities and attractions. Its residents enjoy excellent shopping and dining at the Americana at Brand, which features 75 shops and restaurants, as well an 18-plex theater. The city’s numerous high-rated restaurants and attractions earned its title as Los Angeles neighborhood of the year in Curbed magazine.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

9

PRICE/UNIT

$311,111

CAP RATE

6.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,497 SF

ZONING

R4, Glendale

APN/PARCEL ID

5674-010-019

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union CommercialMore Info
818-640-4360

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Cindy HillEquity Union CommercialMore Info
818-640-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.