John E Burge

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320 N BelmontGlendale, CA 91206

Multi-Family · 8,934 Sq. ft. | 0.19 Acres
$3,900,000 Active

320 N Belmont Overview

Time on Site:
28 days
Visits:
0

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 split-level floor plans that provide residents with a unique townhouse-style living experience. The building has been exceptionally well maintained over the years and is occupied by a stable, long-term tenant base. Ideally located in a highly walkable neighborhood, residents enjoy convenient access to a wide variety of amenities, including Whole Foods Market, the newly opened Erewhon Market, popular restaurants, banks, retail shops, and everyday services.

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320 N Belmont Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,934
  • Price/Sq.ft. $437
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 1000.0
  • Fuel Expense: 400.0
  • Gardener Expense: 2000.0
  • Gross Income: 266240.0
  • Gross Scheduled Income: 264540.0
  • Insurance Expense: 8500.0
  • Maintenance Expense: 13100.0
  • Net Operating Income: 176539.0
  • New Taxes Expense: 44850.0
  • Operating Expense: 80065.0
  • Trash Expense: 4115.0
  • Water Sewer Expense: 7200.0

Building Information

  • New Construction: No
  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 628 - Glendale-South of 134 Fwy
  • Postal City: GLENDALE

Community/Development

  • Community Features: Storm Drain(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash to New Loan
  • Parcel Number: 5645012023
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 15.0
  • Garage: Yes

Building Interior

  • Building Area Total: 8934.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Gas Oven,Range Hood,Water Heater
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Side
  • Fireplace Features: None
  • Fireplace: No
  • Interior Features: Storage
  • Laundry Features: Common Area
  • Levels: Two
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 15.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Garden
  • Lot Size Acres: 0.1854
  • Lot Size Area: 8074.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8074.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Construction Materials: Copper Plumbing
    • Property Attached: Yes
    • Roof: Asphalt

    General Information

    • Number Of Units Total: 9
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    320 N Belmont Neighborhood

    Community

    91206 (GLENDALE) Demographics

    42
    Median Age
    5,728
    Population Density (per sq. mile)
    53%
    College Educated
    $74,893
    Estimated Median Income
    4,655
    Estimated Total Home Owners
    8,395
    Estimated Total Renters
    36% / 64%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    320 N Belmont Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    320 N Belmont Market Data

    Based on the last 30 days in this zip code

    $1,294,356
    Average List Price
    $719
    Average Price per Square Foot
    12
    Properties Sold
    64
    Average Days on Market
    133
    Properties for Sale
    Calculations provided by Reliance Network

    320 N Belmont History

    Date Event Value Agent
    6/1/2026Source: CRMLS Added to Database
    June 01, 2026
    Listing provided courtesy of Glen West RealtyNicholas Hacopian- MLS# GD26118804MLS ProviderContact Information: [email protected] - 818-500-0303
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