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APN 2386-029-018-- Appx 7,206 sf lot, zoned R1. Take this amazing development opportunity to build a brand new luxury home with spectacular valley! Neighboring lots are also for sale (MLS# 21-798816 & 21-789502). Keep in mind the lot is on a paper street. There is no current road access to the lot. Buyer will need to pave the remaining road on Newcomb Dr in order to build. No reports or survey available. Centrally located in the prime Sherman Oaks Hills, south of the Blvd with just a short drive to Ventura Blvd and all the restaurants, shops, and entertainment it has to offer and surrounded by multi-million dollar homes! Buyer to verify all information and rely on their own investigation. Sold AS IS & WHERE IS.
Listing agent: Shawn S. Kormondy DRE #01451888 skor@SkorREG.com, Listing office: Keller Williams Beverly Hills
MLS data updated 11/2/2026, 3:00:06 AM PT
Source: CRMLS, MLS #: 21798808
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 19, 2022
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
$80,000Closed sale · May 19, 2022ZIP 91423 · May 2022
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.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.