$3,900,000
320 N Belmont, Glendale CA 91206
Multi-Family (9 Units)
Property type
4 days
On market
$437
Price per sqft
15 cars
Garage
1986
Year built
8,074 sqft
Lot size
Home highlights
Open Houses
Overview
Rare investment opportunity to acquire a meticulously maintained apartment community being offered for sale for the first time since its construction in 1986. Under the same ownership and professional management since day one, this property reflects exceptional pride of ownership and long-term stewardship. The property consists of 9 units, including 7 highly desirable...
Listing provided by: Nicholas Hacopian DRE #01093883, Glen West Realty
Listing updated: Jun 1, 2026 at 10:00pm.
Last checked: Jun 5, 2026 at 01:00pm
Source: CRMLS #GD26118804
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 3 | — | $15,550 | $15,550 | $15,550 | Unfurnished |
| 1 | 2 | 2 | — | $2,450 | $2,450 | $2,450 | Unfurnished |
| 2 | 2 | 2 | — | $4,045 | $4,045 | $4,045 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Dishwasher: 9
Ranges: 9
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.7x
List Price / Annual Gross Rent
Cap Rate
4.53%
NOI / List Price
Gross Scheduled Income: $264,540
Vacancy Allowance: $7,936
Vacancy Allowance Rate: 3%
Operating Expense: $80,065
Net Operating Income: $176,539
Annual Operating Expenses
Electric: $1,000
Gardener: $2,000
Fuel: $400
Insurance: $8,500
Maintenance: $13,100
New Taxes: $44,850
Pest Control: $600
Professional Management: $0
Trash: $4,115
Water / Sewer: $7,200
Interior
Interior Features: Storage
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Gas Oven, Range Hood, Water Heater
Fireplace: None
Laundry: Common Area
Entry Location: Side
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Asphalt
Construction Materials: Copper Plumbing
Common Walls: Two Common Walls Or More
Lot Features: Garden
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Parking: Assigned
Garage Spaces: 15
Parking Total: 15
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5645012023
Additional Parcels: No
Tax Lot: 5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 320 N Belmont, Glendale, CA 91206. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,120,000
Total Interest
$3,979,388
Total Payment
$7,099,388
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,933
per month
Property History for 320 N Belmont
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91206.
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