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Buy now, build soon. Split this lot into 7 condo units. Currently this property has 3 detached homes, each with a private yard and garage. This multi-unit has strong cash flow with 30% down. The front unit is a 3 bedroom 2 bathroom rented for $1925, middle unit is 2 bedroom 1 bathroom rented for $1200, and back unit 2 bedroom 1 bathroom rented for $1280. This is a fabulous opportunity to build and sell as new construction separate residential units or hold them under 1 portfolio with great cash flow. Developers take note of this property ready for more units. Height drawings and plans available in supplements section.
Listing agent: Pete Tryce DRE #01329992 ptryce@kw.com, Listing office: Keller Williams Realty
MLS data updated 10/31/2026, 3:50:44 PM PT
Source: CRMLS, MLS #: SB16023462
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 8, 2016
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
No recordNo property-price record in this range.ZIP 90706 · Oct 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.