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Discover a prime investment opportunity with this well-maintained 4-unit residential property built in 1987! This property offers a desirable unit mix with 3 spacious 2-bedroom, 2-bathroom units and 1 efficient 1-bedroom, 1-bathroom unit. Each 2-bedroom unit has 2 assigned carport spaces, and the 1-bedroom unit has an attached 2-car garage, providing ample parking for all tenants (8 total secured parking spaces). The property currently generates a steady rental income of $8,800 per month with all 4 units eligible for a rent increase (property is subject to AB 1482, and no local rent control). There is also a community laundry room for additional income. Don't miss out on this exceptional investment opportunity!
Listing agent: Joseph Geonetta III DRE #01949303 joe@wemanageproperty.com, Listing office: R.E.M.S. Inc
MLS data updated 11/2/2026, 11:08:49 PM PT
Source: CRMLS, MLS #: SB24199372
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 26, 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
$1,500,000Closed sale · Nov 26, 2024ZIP 90250 · Nov 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.