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Attention Investors / Developers. LOCATION, LOCATION, LOCATION. Beverly Hills Adj. A 1920's classic Spanish Single Family sold for Land Value offers an amazing owner/user or Development opportunity to build up to 12 units apartment building OR Luxury Condominiums in a highly sought out Beverly Grove area. Walking distance to LA's new metro line, LACMA, The Grove, La Brea Tar Pits, restaurants, shopping areas, the Pacific Design Center and walking distance to other trendy shopping and dining venues near 3rd Street and Beverly Blvd. This prime location offers one of LA's most promising rental markets. The Potential Project is located in the Transit Oriented Communities (TOC) Tier 2, Zoned (Q) LAR3-, with Lot Area of 5503 sqft (50' X110') .Property surrounded by Construction projects in process . Cash Buyers Only Call Broker for Offering Memorandum .
Listing agent: Rafael Cohen DRE #01192853 rassociates@sbcglobal.net, Listing office: Rafael & Associates Co.
MLS data updated 11/4/2026, 6:37:44 AM PT
Source: CRMLS, MLS #: 20639976
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 26, 2021
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
No recordNo property-price record in this range.ZIP 90048 · Nov 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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.