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Major Fixer Opportunity Grand Craftsman with Significant Value-Add Potential near prime USC and DTLA. Substantial two-story Craftsman with a basement offering exceptional scale and architectural presence, ready for a full renovation. Featuring expansive square footage, a wide footprint, and a prominent corner setting, this property presents a rare opportunity for investors, developers, or experienced renovators seeking a major value-add project.Original Craftsman details remain throughout, including a wraparound porch, classic rooflines, dormer windows, and period millwork elements that could be restored or reimagined. The generous layout provides flexibility for redesign, reconfiguration, or potential expansion (buyer to verify) incl 4 car garage. Property requires significant repairs and updates. Ideal for cash buyers or renovation financing. Sold as-is. No credits or repairs will be provided.Strong upside potential for those ready to unlock the full value of this architectural classic.Images include digital enhancements or AI-assisted modifications to illustrate potential. Actual property condition may differ. Buyers to independently verify.
Listing agent: Isabella Lutzi Luthje DRE #02105854 Isabella.Luthje@sothebys.realty, Listing office: Sotheby's International Realty
MLS data updated 10/16/2026, 8:08:38 PM PT
Source: CRMLS, MLS #: 26651087
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 12, 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
$999,999Original asking price · Feb 12, 2026ZIP 90037 · Feb 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.