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We are pleased to present our newest exclusive listing in the trendy Highland Park neighborhood . The property is comprised of four units all 1bedroom/1bathroom units ( two which were built in 2008 and are loft style) . Those loft units are exempt from RSO rent control . The property boast a 91 Walkscore (Walkers Paradise) and is located only one block from Figueroa St, local bars, Starbucks, and more! The property is being offered at a 5.72% cap rate on entry rents and a 11.81 GRM. This investment is well suited for long term growth, upside in rents, and located in an extremely desirable Los Angeles neighborhood making it a perfect investment
Listing agent: Jonathan Weir DRE #02038545 jweir@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/4/2026, 12:40:47 AM PT
Source: CRMLS, MLS #: 24426670
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 18, 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
$1,340,000Closed sale · Sep 18, 2024ZIP 90042 · Sep 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.