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HUGE DEVELOPMENT POTENTIAL! 5188 W 20th Street, Los Angeles 90016 is an approx 7,003 SqFt lot zoned LARD2 and has the potential to be developed into a 7 unit apartment building just like the building directly next door (check with city). This Culver City adjacent property has lots of potential for upside. It is also located within a few blocks of the new Metro Expo Line, the train that will connect downtown LA to Santa Monica and will go through Culver City and mid-city area. Major development and growth is occurring along the Metro Expo Line. Currently there is a charming single family house on the large lot with 3 bedrooms and 1 bath that will be delivered vacant. It has hardwood floors, recessed lighting, central air & central heating, and a fairly new roof. This property is great for a family, an investor, or a developer. This property is priced to sell! Email now to set up a tour or to make an offer. Property is in contract. Please submit back up offers and/or questions via email.
Listing agent: Marcie Graham DRE #01824108 info@mginvestmentproperties.com, Listing office: MG Investment Properties, Inc.
MLS data updated 11/4/2026, 5:53:45 PM PT
Source: CRMLS, MLS #: 16983679
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 22, 2016
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 90016 · 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.