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The subject property is a unique, single story apartment complex with superior location just three blocks from the ocean. The property comes with 9 parking spaces, on-site laundry room, and a small amount of additional income generated from the coin operated machines. This property is 16 units, fully occupied, and has great cash flow from day 1. This property has been owned and operated by the same family for over 25 years. Full size kitchens with ample cupboards, 2 gas burner cooktop, full size refrigerator, sink and countertop separating kitchen from living area make these studios easy to rent. Bathrooms are upgraded with newer sinks, toilets and showers in good, clean condition. Some units have slab granite counters and wood floors, others have tile and quality grade carpeting. Complex has been stable money maker and is perfect for owner/manager. Financials available to serious buyers and viewing of interior can be arranged.
Listing agent: Kevin Hemstreet DRE #01490629 Hemstreet@scc1031.com, Listing office: South Coast Commercial, Inc.
MLS data updated 10/30/2026, 3:39:59 PM PT
Source: CRMLS, MLS #: 110066522
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 10, 2012
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 92054 · Oct 2026
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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.
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