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This is a commercial property with tons of potential for growth. This property consists of 3 separate parcels, totaling 1.17 acres, zoned C1. There is a 2,875 sq. ft. building with 4 separate units, each with its own exterior entrance, large windows for lots of natural light and all vary in size. Each unit has its own electrical meter. These units are set up to be rented separately. Each space has an exterior door for customers and an interior door that leads to a common hallway and restrooms. In addition there is a 1000 sq. ft. warehouse or storage unit that is attached to the building with an interior door into the building, exterior door and roll up doors perfect for deliveries. Warehouse can be rented separately. This property has been partially updated with the new floor plan, exterior paint, some interior paint, etc. This property is the perfect canvas for the creative entrepreneur. Have your own business in one unit and rent the other spaces for additional income. Keep the whole building for yourself or lease the units and collect the rent. This property offers tons of parking with room to develop the other 2 parcels. The C1 zoning offers an array of options such as but not limited to, retail sales of food, dry good, arts and crafts, flowers, bait, etc. Personal services such as barber or beauty shops, laundromats, dance studios. Food services such as cafes, coffee shops, etc. Professional offices, medical services, cannabis sales. There are many more options for this type of zoning. There is a need for more services in Spring Valley and surrounding communities. This is an opportunity for someone to meet that need. The 2 additional parcels are currently being leased to PG&E for $1,250 per month.
Listing agent: Tiffany Peng DRE #01499978 tiffany@countryair.com, Listing office: Country Air Properties
MLS data updated 11/4/2026, 5:50:43 AM PT
Source: CRMLS, MLS #: LC23133671
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 17, 2023
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
$240,000Closed sale · Oct 17, 2023ZIP 95423 · Oct 2023
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.