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REO commercial property offering an opportunity for an investor, developer, or owner-user seeking a renovation or repositioning project. The property features an existing commercial building with a street-facing storefront, additional improvements include new AC Unit, electrical panel, ample parking, and a sizable fenced, outdoor area. Situated on a corner lot along S. Western Avenue, the property offers strong visibility and convenient access. Property offers potential for a variety of commercial uses, subject to zoning, permits, and City approvals. Located in an established Los Angeles commercial corridor, the property offers an opportunity to restore and reposition an underutilized commercial site with prominent corner exposure and on-site parking. Property is being sold in its existing AS-IS condition. Buyer to independently verify zoning, permitted uses, building and lot square footage, parking, property condition, utilities, and all other information relevant to the purchase.
Listing agent: Vahe Avakian DRE #01055292 vaheavakian@gmail.com, Listing office: Green World Realty
MLS data updated 10/31/2026, 9:00:52 AM PT
Source: CRMLS, MLS #: GD26225230
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 15, 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
$580,000Original asking price · Oct 15, 2026ZIP 90047 · Oct 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.