Opening page…
Opening page…
Opening home details…
Rare multi-parcel development opportunity in the highly desirable Mt. Helix area of La Mesa. This offering includes three contiguous parcels (APNs 501-162-42-00, 501-162-43-00, and 501-162-44-00) totaling approximately 1.13 acres of gently sloping, mostly usable land. Zoned R-1 residential, the property presents significant upside for builders, investors, or end users looking to create a multi-home compound or small development project. The front parcel features an existing structure that is considered a complete tear-down due to severe structural deterioration, including a collapsing roof. However, this lot provides a major advantage with existing utility infrastructure already in place, including a water meter, sewer connection, and electricity—saving substantial time and development costs. The two rear parcels are currently landlocked, and a buyer will need to establish an easement for legal access across the front lot, creating a clear opportunity for value creation through thoughtful site planning and entitlement work. All three parcels have been previously subdivided and are to be sold together, offering flexibility for a range of development strategies. Under current California SB9 guidelines, there may be potential to build multiple residential units, with prior marketing suggesting the possibility of several homes across the three lots, though buyers should verify all development potential independently. The property offers approximately 49,000+ square feet of land with a gentle slope, no HOA, and a quiet, private setting near the base of Mt. Helix, while still providing convenient access to Highway 94, shopping, and downtown San Diego. This is an ideal project for a developer or investor looking to unlock value through entitlement, infrastructure planning, and new construction in a high-demand area. Buyer to verify zoning, SB9 development potential, easement requirements, utilities, and all land use regulations with the County of San Diego, as the property falls under County jurisdiction for building and permitting.
Listing agent: Deborah See DRE #02003187 deborahmsee@gmail.com, Listing office: eXp Realty of California, Inc.
MLS data updated 10/25/2026, 2:15:37 PM PT
Source: CRMLS, MLS #: PTP2603454
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 1, 2026
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
$890,000Closed sale · Jun 1, 2026ZIP 91941 · Jun 2026
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.