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Prime Commercial C-2 Development Opportunity Exceptional opportunity to acquire a centrally located C-2 commercial development site with outstanding redevelopment potential. Spanning nearly two acres across five contiguous parcels, this rare assemblage offers the scale and flexibility needed for a wide range of commercial and mixed-use projects. The property currently includes one historic residential home, which is in the process of being relocated. This provides the opportunity to preserve the historic structure while maximizing the site's development potential. With its generous size and strategic location, the property is well suited for a variety of uses, including: *Mixed-use development *Retail shopping center or retail plaza *Office or professional campus *Hospitality or boutique hotel *Residential condominiums or multifamily housing (subject to approvals) *Master-planned or phased commercial development The five-parcel configuration provides exceptional flexibility for developers, investors, and owner-users seeking a landmark project in a high-visibility location. Whether envisioned as a retail destination, mixed-use community, or commercial campus, this property offers the size, zoning, and redevelopment potential to bring a wide range of concepts to life. This is a rare opportunity to secure one of the area's largest commercial redevelopment sites, offering significant long-term value and investment potential.
Listing agent: Eva Abed DRE #01980120 eveabed@aol.com, Listing office: Keller Williams Realty-Studio City
MLS data updated 10/24/2026, 8:20:38 PM PT
Source: CRMLS, MLS #: SR26170172
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 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
$6,900,000Asking price recorded · Sep 16, 2026ZIP 91702 · 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.