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Charming Spanish-Style Home with Major Redevelopment Upside in the Heart of Mid-City. Welcome to a classic 1931 Spanish-style home offering both immediate charm and exceptional long-term potential in one of Los Angeles' fastest-growing corridors. This 2-bedroom, 1-bath residence spans 1,062 sq. ft. on a 3,200 sq. ft. lot, delivering timeless character alongside a rare development-ready zoning designation. Zoned LARD1.5, the property presents strong upside potential for redevelopment, additional units, or value-add opportunities. Whether you're an investor eyeing a renovate-and-hold strategy, a developer exploring multi-unit potential, or a flipper looking to reposition, this is a rare opportunity to plant a flag in Mid-City. Minutes from Culver City, West LA, and the Jefferson/La Brea corridor, Close to the Expo Line, I-10 Freeway, and major transit connections. Near Whole Foods, local restaurants, coffee shops, and everyday conveniences. Situated in a neighborhood known for its growth, culture, dining scene, and continued investment. Great real estate opportunity with endless potential in a prime, evolving location. Bring your vision this one is ready to be reimagined.
Listing agent: Letrice Barge DRE #02091064 letrice@latopbroker.com, Listing office: LA Top Broker, Inc.
MLS data updated 10/16/2026, 7:23:14 PM PT
Source: CRMLS, MLS #: 26873721
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 17, 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
$700,000Original asking price · Aug 17, 2026ZIP 90016 · 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.