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A rare opportunity: a fully vacant duplex with plans already in place for two brand-new ADUs - offered on its own, with an identical neighboring parcel available separately. 1290-1292 Fairview Ave is a single-story duplex on its own legal parcel, delivered 100% vacant. Each of the two units offers a comfortable 1 bedroom, 1 bathroom layout with a full kitchen, inside laundry, a dedicated carport and private storage, and each is separately metered. With no tenants in place, the next owner can begin improvements immediately and establish market rents without waiting on a lease or a relocation. The groundwork for the expansion is already complete. Plans have been drawn and engineered for two brand-new detached accessory dwelling units on this parcel, each with two bedrooms, all-electric systems, fire sprinklers and solar. More than a year of city planning is behind them - approvals secured, addresses assigned, utility clearances issued, and the plans now in final building review. The buyer inherits the progress rather than starting from scratch. At completion, this parcel supports 4 total units (2) 1bd 1ba & (2) 2bd 1ba. The adjacent parcel, 1284-1286 Fairview, is an identical vacant duplex with its own set of ADU plans and is offered separately. Vacant income property with the planning work already done rarely comes to market! Buyer to verify all information, permits, fees and feasibility.
Listing agent: Gabriel Gonzales DRE #02103278 gabe@laplacaproperties.com, Listing office: La Placa Properties
MLS data updated 10/16/2026, 9:53:41 PM PT
Source: CRMLS, MLS #: NP26195996
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 7, 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
$595,000Asking price recorded · Sep 7, 2026ZIP 92324 · Sep 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.