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Presenting an exceptional development opportunity to build a stunning, gated contemporary condominium community with fully approved plans already in place. This remarkable project is designed to include four spacious three-bedroom residences, each offering approximately 1,700 square feet of thoughtfully designed living space, along with a beautifully planned duplex featuring approximately 2,200 square feet of living space. A significant portion of the preliminary site work has already been completed, with excavation and shoring nearing completion, allowing the next owner to move forward with construction more efficiently and potentially reduce development timelines. Ideally situated in the highly desirable Echo Park and Angelino Heights neighborhood, the property offers convenient access to Downtown Los Angeles, Dodger Stadium, Echo Park Lake, major freeways, shopping, dining, entertainment, and countless neighborhood amenities. This vibrant, centrally located community continues to experience strong demand, making it an outstanding opportunity for developers, investors, and builders seeking a premier residential project in one of Los Angeles' most sought-after neighborhoods. With approved plans, substantial site preparation already underway, and an unbeatable location, this is a rare opportunity to bring a modern residential development to life while capitalizing on the area's continued growth, enduring appeal, and strong market demand.
Listing agent: Bradley Korb DRE #00698730 brad@bradkorb.com, Listing office: Brad Korb Real Estate Group
MLS data updated 10/24/2026, 6:22:15 PM PT
Source: CRMLS, MLS #: BB26166543
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 6, 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
$1,499,994Original asking price · Aug 6, 2026ZIP 90026 · Aug 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.