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Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. With generous lot size and dual parcels, the possibilities are plentiful—whether exploring redevelopment, or creating a custom project (buyer to verify all development options with the city). This property presents exceptional potential for developers, investors, or flippers looking to maximize value in a rapidly evolving neighborhood. Conveniently located near major freeways, DTLA, and local amenities, this is a prime opportunity to capitalize on strong demand and ongoing growth in the area. Opportunities with this much land and upside potential are increasingly rare—bring your contractor, architect, and imagination.
Listing agent: Dennis Chernov DRE #01850113 dennis@chernovteam.com, Listing office: Equity Union
MLS data updated 10/16/2026, 9:59:04 PM PT
Source: CRMLS, MLS #: SR26088552
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 8, 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
$689,000Asking price recorded · Jun 8, 2026ZIP 90031 · Jun 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.