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PRICED TO SELL QUICK!!!! Seller wants this home sold TODAY. If you don't believe me, look at 1221 E. 40th Place, it's currently listed & in escrow for $349,000.00. 1221 E. 40th Place is almost a mirror image of 1279 E. 40th Place. DON'T MISS OUT on this great investment opportunity. Spacious 2 Bedroom/1 Bath home with a LARGE den that has a toilet (that was added without a permit) , ZONED R-2, The garage was converted to living quarters many years ago without permits. Broker advises buyer to hire a professional home inspector/contractor and satisfy themselves as to the condition of the property. The buyer is advised to check with the city to verify all permits on file with the city. The den was added with permit, but the toilet in the den is not permitted. The property is being sold in it's present condition. Seller is open to a reasonable credit for closing costs and/or minor repairs. The seller will only entertain CASH & CONVENTIONAL OFFERS. DON'T MISS OUT. YOU COULD BUY THIS PROPERTY WITH EQUITY ALREADY BUILT IN.......
Listing agent: Damon Jones DRE #01228615 PurposeReCompany@aol.com, Listing office: Purpose Real Estate Company
MLS data updated 10/21/2026, 9:28:37 AM PT
Source: CRMLS, MLS #: RS16078016
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 27, 2016
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 90011 · Oct 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.