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Residential Development Opportunity in Los Angeles - exceptional opportunity for developers and investors alike in the heart of Los Angeles. This vacant land parcel spans 2250 square feet of flat terrain, presenting a blank canvas for your next residential project. Situated in the City of Angels, this property is in the coveted location within the Opportunity Zone, offering potential tax incentives for savvy investors and is within close proximity to major transit stops and high-quality transit corridors, providing convenient access to urban amenities and transportation networks. Per assessor records, it is zoned LAR2, presenting a myriad of possibilities for residential development capitalizing on the demand for housing in this vibrant urban landscape. Offering street frontage, this lot offers ease of access for construction vehicles and potential residents alike.
Listing agent: Irene Lopez DRE #01126918 Irene@HLPRealty.com, Listing office: HomeLife Platinum Realty
MLS data updated 10/20/2026, 1:30:17 PM PT
Source: CRMLS, MLS #: CV24067018
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 1, 2024
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
$225,000Closed sale · May 1, 2024ZIP 90002 · May 2024
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.