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Here's Your Chance. Many options with this great property: build a large new home, build a 3-4 unit apartment building*, or fix and flip. Bring your investors and favorite builder. You will love the value and benefits of owning this Point Fermin/San Pedro property. Single family home, 2 beds and 1 bath. 1,558 sq. ft. 5,120 sq. ft. lot. 2-car garage. This property will be sold as is. Built in 1923. Other fixed-up homes this size have sold in the $650,000 to $700,000 range in the area. Per L.A. City, a 3-unit apartment building can be built on the property. The next door neighbor got a variance and has 4 units. Outstanding location with a 'very walkable' walk score of 75. You' re only two blocks to Fort MacArthur and a short hop to Point Fermin Park where you can watch the whales, enjoy an afternoon picnic, or jog to the lighthouse and Walker' s Café, a popular movie location. Conveniently close to the new upscale $100MM makeover of Ports of Call. According to the L.A. Times, developers plan to create a redevelopment on par with the Ferry Building in San Francisco and Pike Place Market in Seattle. *Buyer to verify all specifications, including lot size, square footage, condition, permits, schools, neighborhood, and features.
Listing agent: Ed MacLaughlin DRE #01340803 mail@edmachomes.com, Listing office: RE/MAX Estate Properties
MLS data updated 11/3/2026, 8:18:22 AM PT
Source: CRMLS, MLS #: SB17002990
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 8, 2017
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
No recordNo property-price record in this range.ZIP 90731 · Nov 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.