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This Parcel is Zoned Q-R-4-1-0 which effectively Down-zones it toLAR1!! We are pleased to present the opportunity to acquire and develop this 20,823 SF Corner lot in the Historic West Adams District directly adjacent to Grammercy Park. This lot has alley access and is close to Downtown LA & USC with easy access to the Westside via the 10 Freeway. West Adams is one of the oldest neighborhoods in Los Angeles, with most of its buildings erected between 1880 and 1925, including the William Andrews Clark Memorial Library. West Adams was developed by railroad magnate Henry E. Huntington and wealthy industrialist Hulett C. Merritt of Pasadena. It was once the wealthiest district in the city, with its Victorian mansions and sturdy Craftsman bungalows home to Downtown businessmen and professors and academicians at USC. In the 1990s, three areas of West Adams were designated as Historic Preservation Overlay Zones by the city of Los Angeles.
Listing agent: Kathleen Tom DRE #01367342 kathleen.tom@evusa.com, Listing office: BRC Advisors
MLS data updated 11/3/2026, 5:23:57 PM PT
Source: CRMLS, MLS #: 12599837
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 30, 2013
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 90018 · 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.