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Potential development opportunity in the heart of Boyle Heights, just moments from Hollenbeck Park and the new 6th Street Bridge. Vacant 5,206+/- sqft lot offering what appears to be potential for up to 3 units + 2 ADUs (5 units total subject to City approval and buyer verification). The front portion of the lot is sloped but seems to level out across much of the site. Notably, the adjacent multifamily property at 2038 Hollenbeck Dr (MLS#25574667) is also available, forming an L-shaped configuration with this parcel. While each can be acquired individually, purchasing both may create a unique opportunity for expanded development across approximately 11,418+/- sqft total lot size or for long-term portfolio value (buyer to independently verify any use potential or entitlement feasibility). Located near Metro lines, DTLA, Mariachi Plaza, and the vibrant Arts District, this site is positioned in one of LA's most rapidly evolving neighborhoods. Renderings are conceptual only and provided for inspiration. Buyer to conduct their own due diligence with appropriate agencies.
Listing agent: Austin Vaccaro DRE #02011801 austin@ajvre.com, Listing office: AJVRE
MLS data updated 10/24/2026, 11:00:08 PM PT
Source: CRMLS, MLS #: 25598339
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 28, 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
$375,000Asking price recorded · Jul 28, 2026ZIP 90023 · Jul 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.