312 N Belmont, Glendale, CA 91206
- $2,975,000
- List Price
- $2,975,000
- Status
- ACTIVE
- MLS#
- SR26156702
- Year Built
- 1970
- Lot Size
- 8,012
- Acres
- 0.18
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 10
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
We are pleased to present an exceptional opportunity to acquire a true pride of ownership 6-unit apartment building in one of Glendale’s most desirable rental markets. Built in 1970, this 7,176-square foot property sits on a 7,903-square-foot lot and features six exceptionally spacious 2-bedroom, 2-bathroom units designed to appeal to long term tenants seeking comfort and functionality. Each residence offers an efficient floor plan with a formal dining area, hardwood flooring, generous living spaces, abundant natural light, and ample closet/storage space throughout. The interiors provide a warm, inviting atmosphere with timeless finishes and practical layouts that continue to attract quality residents. The property has been well maintained with copper plumbing, central a/c & heat and includes 8 on-site parking spaces, a valuable amenity in this highly sought-after neighborhood. With its large unit sizes, strong rental appeal, and desirable location, this asset presents an outstanding opportunity for both investors seeking stable cash flow and those looking to add value over time. Boasting an impressive Walk Score® of 90. Subject to Statewide AB 1482 provisions and Glendale's Rental Ordinance. Excellent for a 1031 exchange and/or owner user while bringing in additional income.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $192,000
- Operating Expense
- 60626
Listing courtesy of Listing Agent: Anthony Boyajian (Tboyajian@kwcommercial.com) from Listing Office: Keller Williams Realty-Studio City.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.