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Excellent investment opportunity in the City of Los Angeles. This fully occupied, well-maintained multifamily property consists of eight one-bedroom, one-bathroom units. The owner provides ongoing maintenance and promptly addresses tenants’ repair requests. Each unit is separately metered for gas and electricity, while the owner pays for water and trash service. Conveniently located near Normandie Avenue and Vernon Avenue, with easy access to major streets, public transportation, shopping, and neighborhood amenities. The property does not include garage parking. Please do not disturb the occupants. Interior inspection is subject to an accepted offer. All offers must include a lender pre-approval letter, proof of funds, and the buyer’s FICO score. Buyer and buyer’s agent are advised to independently verify all property information, rental income, expenses, permits, and applicable rent-control requirements.
Listing agent: Martin Gonzalez DRE #01204139 allcities.investments1@gmail.com, Listing office: Realty Executives All Cities
MLS data updated 10/16/2026, 9:07:20 PM PT
Source: CRMLS, MLS #: RS26206443
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 15, 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
$1,400,000Original asking price · Sep 15, 2026ZIP 90037 · Sep 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.