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Three (3) contiguous parcels at the signalized intersection of major arteries Main St & Adams Blvd, only 3 blocks from the Lorenzo Apartments one of USC's largest off-campus student housing communities. Consists of a two-story industrial/flex building of 18,200 SF zoned M1, a single-story 4-unit residential apartment zoned R4, and a parking lot zoned R4. All of the tenants are Month-To-Month the in-place NOI is approximately $175,000 with the Buyer's new tax basis. Situated within a federally designated Opportunity Zone, the properties offer compelling potential for redevelopment, value-add repositioning, or owner-user occupancy. Attached is a feasibility study for the two R4 lots on their own, which show a potential for up to 91 units. The assets may be purchased individually or as a combined portfolio, providing flexibility based on a Buyer's investment or development strategy.
Listing agent: Joseph Bolognese DRE #01966025 joe@saxumwest.com, Listing office: Saxum West
MLS data updated 11/3/2026, 12:03:15 AM PT
Source: CRMLS, MLS #: 26985045
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 8, 2026
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This home · nearest recorded event
$4,895,000Original asking price · Sep 8, 2026ZIP 90007 · Sep 2026
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