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HDO Industrial Park is the premiere cannabis specific development in Southern California. At completion, there will be a total of 21 units. Each unit is 30,000 sqft, 2500 amps provided by Edison (2500amp / 480V / 3phase), City water, & Natural gas. These buildings are concrete tilt up construction and are already engineered to hold 53 AC units on the roof. There are already drains in floors that lead to clarification tank and drains to the public sewer. The inside ceiling heights are 26ft rising to 32ft, which allows you to add a second level inside. Many buyers have added 10,000sqft on their second level as part of their buildout. Some are now even considering building a full second floor and making their units 60,000ft. Our entire complex benefits from a recorded development agreement with that city and comes with an approved CUP (Conditional Use Permit) which is good for: Cultivation, Manufacturing, Testing, Distribution, & Nursery. The cultivation tax in the city is possibly the lowest in the entire state at $5/sqft per year. Another benefit of the development agreement is the city’s agreement to process applications for licenses within our complex rapidly. On average, our buyers have obtained their licensing within about 1 week. In some cases, we have received approved city licenses in just 2 DAYS!
Listing agent: STEVEN RUGG DRE #01796185 steve@ruggrealestate.com, Listing office: RUGG REAL ESTATE
MLS data updated 11/3/2026, 5:04:03 AM PT
Source: CRMLS, MLS #: IV20004419
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 28, 2020
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 92301 · Nov 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.