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SPECTACULAR OCEAN VIEW RESIDENTIAL DEVELOPMENT- 4 HOMES. Unobstructed ocean views vacant lot in Coastal San Pedro with schematics for 4 luxury small lot homes designed by the iconic modernist Ray Kappe. Wide, street-to-street lot makes development easier and bedrock is only 8 ft. down. All homes will have panoramic ocean views. 2 homes will be 3-bed, 2.5 bath and 2 homes, 4-bed, 2.5 bath. About 2200 - 2300 SF. with huge balconies overlooking the harbor. Just 2.5 miles away from West Harbor, the new $150 million waterfront development is already underway with a 2023 completion date. Over 150,000 square feet of retail, restaurants, and entertainment, including a proposed 6,000-seat outdoor amphitheater for concerts and events. World-class restaurants along this new waterfront development include Hopscotch, Yamashiro, Pit Fire Pizza, and Mike Hess Brewery - becoming the 3rd craft brewer in San Pedro (a 6-minute drive to Brouwerij West Brewery and 9 minutes to San Pedro Brewing Company). 2836 Baywater is also just a mile away from Cabrillo Marina, one of California's best marinas. The property is also just 3 miles from California's top cruise ship terminal, and about a mile to White Point Beach and 1400 acres of the Palos Verdes Nature Preserve. A short walk to Point Fermin Park and the sea cliffs!
Listing agent: Jerry Hoffman DRE #01428622 jerry@RLGLA.com, Listing office: RLG Properties, Inc.
MLS data updated 11/4/2026, 5:16:08 AM PT
Source: CRMLS, MLS #: 23241195
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 8, 2023
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
$1,025,000Closed sale · Sep 8, 2023ZIP 90731 · Sep 2023
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.