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A rare find would describe this big Miraleste view property on nearly 2 acres and presents an incredible opportunity to subdivide or to create a family compound by remodeling/expanding existing house or by scraping and starting new and adding a couple of guest houses or ADUs. Panoramic views from downtown Los Angeles to the mountains and ocean will captivate you 24 hours a day -- from the spectacular sunrises to the twinkling city lights at night. Situated down a private driveway, this special property offers an abundance of potential and the rural feel of a bygone era with many citrus trees, pepper trees, open spaces and vistas to enjoy the expanse of views. Native Palos Verdes stone garden walls and steps lead up to a quaint 1940s house with hardwood floors, remodeled kitchen and bathrooms, that will serve as the starting point for your vision and imagination. Original house is two levels -- currently, upstairs is the living room, dining area, kitchen and master suite with remodeled bathroom. Downstairs is currently being used as a separate unit with its own kitchen, living room, bedroom and bathroom. Seller states the property is already connected to sewer. City of RPV says property could be subdivided as it is zoned RS-2 which allows 1 - 2 houses per acre, minimum 20,000 sq. ft. lot each. Buyer to verify all with city. Please see Supplements to view County aerial with boundary line. Don’t miss this incredible opportunity to remodel or redevelop this truly special site!
Listing agent: Terri Tsuchida DRE #01154551 territagent@gmail.com, Listing office: Coldwell Banker Realty
MLS data updated 11/2/2026, 3:23:12 PM PT
Source: CRMLS, MLS #: PV20126240
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 25, 2020
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 90275 · Nov 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.
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