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Exceptional development opportunity in the highly sought-after Mount Washington / Northeast Los Angeles area. 858 & 860 W Avenue 37 are adjacent downslope vacant parcels being offered together, presenting a rare chance for builders, developers, investors, or end users to create two modern architectural residences in one of LA’s most dynamic hillside communities. Surrounded by newer luxury construction and multimillion-dollar contemporary homes, this property is ideally positioned for high-end residential development with potential canyon, city light, and Downtown Los Angeles views depending on design. The area has seen strong demand for modern hillside product with nearby new construction sales supporting premium values. The lots offer convenient access to Highland Park, Eagle Rock, Glassell Park, Downtown LA, Pasadena, major freeways, restaurants, entertainment, and shopping. The neighborhood continues to experience significant redevelopment and appreciation driven by architectural home demand and limited hillside inventory. Property to be sold with adjacent lot APN #5454-019-043. Seller has indicated the City has advised that existing overhead power lines crossing the properties may potentially be relocated, presenting an important opportunity for future development flexibility. Buyers are advised to independently verify all information, zoning, utility relocation feasibility, development potential, hillside regulations, buildability, grading requirements, permits, lot dimensions, and all matters with the City of Los Angeles and appropriate professionals. An outstanding opportunity to acquire and develop side-by-side hillside parcels in a rapidly appreciating Northeast LA location with strong luxury resale comparables nearby.
Listing agent: Jirair Habeshian DRE #00974301 Jeero@coldwellbanker.com, Listing office: Coldwell Banker Hallmark
MLS data updated 10/31/2026, 7:53:09 AM PT
Source: CRMLS, MLS #: GD26105537
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 1, 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
$198,000Original asking price · May 1, 2026ZIP 90065 · May 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.