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Amazing investor/developer opportunity in Koreatown! Existing 2-bed 1-bath + bonus room Craftsman-style home built in 1910. This property sits on 4,801 lot and is zoned Lar3 which can be legally converted into a 6-unit apartment. But with the Tier 3 Bonus Density, a potential 3 additional units can be added, turning it into a 9-unit apartment building. The majority of this street are all apartment buildings. Area is booming with new construction and development, and this land is highly desirable for huge upside in ROI. For those not looking to develop, the property needs some cosmetic work and has a lot of existing charm and character details inside the spacious Craftsman property. Detached 2-car garage towards the back of the lot also needs work and repair.
Listing agent: Daniel Poon DRE #01897213 poon.daniel@gmail.com, Listing office: eXp Realty of California Inc
MLS data updated 11/4/2026, 3:12:07 AM PT
Source: CRMLS, MLS #: OC22200026
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 15, 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
$783,670Closed sale · Feb 15, 2023ZIP 90004 · 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.