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One of the last chances to own waterfront, beach property in Southern California! Incredible oceanfront land with approximately 77 feet of footage off of S. Pacific Street. Zoned for multi-units, great development project with tons of potential. 2 lots preferably sold together for maximum benefit, approx. 9,692 est. sq. ft. between the two lots (price reflects both lots). Unobstructed panoramic white water views with opportunity to build your dream home or multiple units. One lot has a home and the other is parallel on the north side for more beach space or guest house. Per the city the lots are zoned (R-T) Residential Tourism with the potential to build up to 9 units and Short Term Rentals (STR) are allowed. Current home has 1bed/1bath with kitchen and living room, 1bed/1bath with kitchenette and a 2bed/1bath with living room and kitchen. All units have ocean views and deck space. There is additional storage below and a private sandy beach with rock seawall. Buyer and buyer's agent to verify all in MLS prior to COE.
Listing agent: Nadia Colucci DRE #01333604 team@coluccico.com, Listing office: North Compass Realty
MLS data updated 10/23/2026, 4:35:48 AM PT
Source: CRMLS, MLS #: NDP2210322
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 17, 2023
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,650,000Closed sale · Feb 17, 2023ZIP 92054 · Feb 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.