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$100,000 Price Reduction | Year 1 Over 6%CAP Nestled along the tree lined Key Boulevard, this 3,514 Sq. Ft, 1959 asset is comprised of 4 X two-bedroom, one-bathroom units. All four units provide an approximate 850 square feet of living space each. The units feature updated kitchen cabinets, countertops, and in-unit washer/dryer. The bottom two units include patios while the top two units have balconies with partial views. In addition, the property will be delivered with a vacant 1 X one-bedroom, one bathroom non-conforming bonus unit. The property also features two garages that can be used for parking or storage. With in-place that are approximately 25% below market rate, there is potential to optimize returns upon unit turnover for an asset exempt from rent control.
Listing agent: LOUIS KWOK DRE #01980615 louis.kwok@marcusmillichap.com, Listing office: MARCUS & MILLICHAP
MLS data updated 10/22/2026, 6:46:37 PM PT
Source: CRMLS, MLS #: 40880073
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 2, 2019
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 94530 · Oct 2026
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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.
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