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Investment opportunity to develop in a Prime location near USC- which is only one block away! Property offers investors strong rental potential in an area with high demand for student housing. Property is also located within USC Dept of Public Safety Response Area with 24 hr patrols. Currently the property is a gated Triplex with driveway parking. Front first floor unit consists of 3 bedrooms, 1 bathroom, 1,314 SF. Front top unit has a separate entrance and consists of 2 bedrooms, open loft area, 1 bathroom, 1,258 SF. The third unit is a separate structure located in back of the main house, it consists of 2 bedrooms, 2 bathrooms, updated 1,378 SF. Per the seller, all units have washer/dryer hook ups. ALSO for SALE are the properties right next door; 1204 W 35th ST $995,000 and 1196 W 35th ST $995,000. Develop all 3 lots for a possible 15 unit building or update and keep as is. Please do your own research. All properties are in the MLS.
Listing agent: Moe Abourched DRE #01045349 Moe@MSMLE.COM, Listing office: The Olson Agency
MLS data updated 11/4/2026, 6:55:59 AM PT
Source: CRMLS, MLS #: 15915971
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 14, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90007 · Nov 2026
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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.
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