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Prime Development Opportunity – 2 Adjacent Parcels Zoned R-1 & R-22 Investor/developer special! Two contiguous parcels (APNs 384-103-08-00 & 384-103-09-00) with a combined lot size of approximately 18,072 SF. Zoned R-1 and R-22, offering strong potential for single-family or multi-unit residential development. Existing structure requires demolition. Water meter and SDG&E utilities on-site streamline the development process and reduce upfront costs. Centrally located with easy access to major freeways, shopping centers, and dining. A rare opportunity to build in a high-demand, infill location. Buyer to conduct all due diligence and verify zoning, usage, and permitting requirements.
Listing agent: Maria Garcia-Moorhead DRE #02029991 maria@allcityhomes.com, Listing office: All City Homes
MLS data updated 10/20/2026, 3:08:23 AM PT
Source: CRMLS, MLS #: PTP2505901
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 17, 2025
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
$640,000Closed sale · Sep 17, 2025ZIP 92071 · Sep 2025
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.