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Prime investment opportunity on a prominent corner lot near Mill Street and Pershing. This four-unit property offers exceptional upside for an investor, developer, or owner-user seeking a high-visibility location with flexible future potential. Originally configured as four individual 1-bedroom, 1-bathroom units with open living areas, the building has been taken down to the studs/shell and is ready for a complete reimagining. The property has been vacant for several years, presenting a rare opportunity to restore the original residential layout or transition to commercial use, subject to zoning, approvals, and buyer due diligence. Surrounded by residential properties on one side and commercial uses on the other, this location offers strong redevelopment potential. Ample on-site parking adds convenience for future tenants, customers, or visitors. Access is limited due to the current condition. Bring your vision and unlock the possibilities of this strategically located corner-lot property.
Listing agent: Annette Fraley DRE #01503736 anete824@live.com, Listing office: SYNERGY ONE REAL ESTATE SVCS.
MLS data updated 10/17/2026, 12:54:18 AM PT
Source: CRMLS, MLS #: CV26171332
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 16, 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
$499,999Original asking price · Aug 16, 2026ZIP 92408 · Aug 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.