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Owner says bring your offer! Great investment opportunity for one or two investment properties! 4 units on the corner plus (if you so desire) 2 townhouse units next door! And owner might finance your purchase! Hard to find! Each unit is 2 stories! Buy these two townhouse homes for yourself, or consider buying these townhouse homes and buying the separately offered 4 unit corner property next door (5540 lexington ave). Possibly buying both - or buying one or the other! Truly a future developmen site in a high demand area! 1162 north st. Andrews place 90038 prime location! Multi-lot (two lots - two properties - both separately on the market) this is a corner level development site - each lot sold separately (this 2 unit and the 4 unit next door). Rare development opportunity at land value price - connected to the corner property just north, also presently on the market (5540 lexington avenue 90038 land = 7,497 sq. Ft. - r4 zoning - same owner). This results in a much larger development site with both properties being available for sale, truly a superior investment and as reported to us r4 zoning does not require parking which leaves more room for additional rental units!! And with month-to-month tenants the developer may gain income during the construction process! The rentals are separately metered for electric & gas plus a huge parking court. Located close to dining hot spots, good schools, transportation, and the freeway is not too far away. This is a smart investment opportunity for a multi-property corner development site - please call us for any questions or further details. And should you need ideas for your dream development we will connect you with developers, if needed. We appreciate your interest. Thank you!
Listing agent: Jonathan Jay DRE #01979786 jonathan@brucejay.com, Listing office: Bruce Jay Associates
MLS data updated 10/16/2026, 4:36:20 PM PT
Source: CRMLS, MLS #: 26830139
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 8, 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
$1,425,000Original asking price · May 8, 2026ZIP 90038 · May 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.