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EXCELLENT DEVELOPMENT/REMODEL OPPORTUNITY ON A 8,915 SQUARE FOOT LOT IN BEVERLY GROVE. This five Bedroom, five Bathroom two-story traditional home has enormous potential. The home features an expansive living room with a fireplace and a formal dining area adjacent to a large kitchen. A spacious family room overlooks a lush and private backyard. The first level includes two bedrooms, one full bathroom as well as an ensuite bedroom in the rear that was added in 1990. The second level offers two additional ensuite bedrooms. The oversized detached garage, with potential for an ADU, and office with bathroom were built in 1999. Ideally located just steps from LA's best shopping and dining, this property offers an incredible upside for developers, investors and owner/users to create their dream home.
Listing agent: Allison Schwarz DRE #01878458 allison@alsestates.com, Listing office: Compass
MLS data updated 11/3/2026, 3:14:34 PM PT
Source: CRMLS, MLS #: 25505467
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 4, 2025
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
$2,050,000Closed sale · Jun 4, 2025ZIP 90048 · Jun 2025
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.