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Huge 4-unit property with tons of upside only 2 blocks from the enormous brand-new LA Waterfront development. 3 out of 4 units built in 1987 with over 4500 square feet of rentable space on a 6000 square foot lot plus 4 garages. Excellent unit mix with one 3 bed/2 bath front house (1947 built) plus three 2 bed/1 bath units (1987 built) in the rear. Very well priced at only $263/sq ft and 13.38X GRM on actual rents with a true 60% upside to a market GRM of 8.37 and cap rate of 7.2%. Separately metered for electricity and gas, helping keep expenses down. Only 2 blocks from the massive 42 acre West Harbor LA Waterfront development with over a mile of waterfront access and 375,000 square feet of retail, dining, and entertainment slated to open in 2026. Close proximity to Downtown San Pedro with art galleries, restaurants, boutiques, and other retail. Only a few blocks from Cabrillo Marina and Cabrillo Beach. Walk score of 80+ (Very Walkable)
Listing agent: Anthony Walker DRE #01908153 Anthony.walker@buckinghaminvestments.com, Listing office: Buckingham Investments, Inc
MLS data updated 10/24/2026, 11:52:32 PM PT
Source: CRMLS, MLS #: SB26007730
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 1, 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
$1,120,000Closed sale · Apr 1, 2026ZIP 90731 · Apr 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.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.