Opening page…
Opening page…
Opening home details…
46-Unit Motel-Investment / Redevelopment Opportunity!!! Property next to Gibbel Park. Two-story, 46-unit motel with a manager's office situated on a large, approximately 50,530 SF lot, with approximately 16,653 SF of building area. The city has shut down the motel, and it is not operational. Property is being sold strictly in its present AS-IS, where-is condition, with no repairs or improvements to be made by Seller. This property may offer potential for conditional motel use, redevelopment as a shopping center, retail/commercial project, or other permitted use subject to all applicable governmental approvals. The buyer is solely responsible for conducting all investigations and verifying with the appropriate City department regarding zoning, Conditional Use Permit (CUP), licenses, permits, building conditions, code requirements, redevelopment possibilities, and whether the property may legally be reopened and operated as a motel or used for any other purpose. Seller and listing agent Broker/Agent make no representations or warranties, express or implied, regarding the physical condition of the property, existing or future use, zoning, permits, licenses, Conditional Use Permits, or the City's approval of any porposed use or redevelopment.
Listing agent: STEVEN SHIH DRE #00905902 forest.shih@gmail.com, Listing office: KO TAI REALTY
MLS data updated 10/24/2026, 11:11:49 AM PT
Source: CRMLS, MLS #: WS26200660
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 13, 2026
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
$4,200,000Original asking price · Sep 13, 2026ZIP 92545 · Sep 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.