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The offering represents a unique buying opportunity to acquire an apartment building with 75 percent of the units being delivered vacant at close of escrow, allowing a buyer the ability to immediately capture market rental rates.The property consists of one building totaling 3,572 square feet. The unit mix is comprised of 100 percent large two-bedroom units. Due to its 1923 construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a 1920's vintage apartment asset in a desirable location with LAR3 Zoning. An astute investor will be able to immediately take advantage of the upside in rental income. INCOME AND EXPENSES ARE BASED ENTIRELY OFF OF PROJECTIONS AND DO NOT REPRESENT THE CURRENT PERFORMANCE OF THE PROPERTY. Units are currently operating as two-bedrooms. Buyer to verify unit configuration and permitting.
Listing agent: Sean Rosenzweig DRE #01406343 sean.rosenzweig@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/3/2026, 5:59:35 PM PT
Source: CRMLS, MLS #: 19518632
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 27, 2019
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 90019 · 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.