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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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6797 Lipmann Street — San Diego — 3 Beds • 2 Baths • 1,254 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 1PM – 4PM

+40 more

$1,390,000

17 DOM

$1,108/sqft3 bd2 ba1,254 sqft

Call

6797 Lipmann St San Diego, CA 92122

7,700sqft lot

Exceptional opportunity in the highly desirable University City neighborhood of San Diego. This approximately 1,254 sq ft home sits on a large ~7,700 sq ft lot offering significant potential for future development. Located within a Transit Priority Area, the property may allow multiple ADU opportunities subject to buyer verification and city approval. Conceptual possibilities include several smaller ADUs or stacked two-story designs similar to nearby developments in the area, subject to buyer verification and city approval. The existing home features a functional layout with walk-in closet, updated interior elements, and several dual-pane windows. The backyard is improved with low-maintenance landscaping. There’s lots of side land to develop on. This property also presents potential for an SB9 lot split or the addition of a second primary residence, subject to buyer investigation and city approval. With strong resale and rental demand in this area, the property offers multiple possible strategies for investors, builders, or homeowners looking to maximize long-term value. Conveniently located near major employment centers, shopping, restaurants, and freeway access. A rare chance to secure a property with both current livability and future development upside in one of San Diego’s most sought-after neighborhoods. Buyer to verify all development potential, zoning regulations, ADU allowances, and SB9 possibilities with the City of San Diego prior to close of escrow.

MLS CV26054002

909-524-2063 (Office) 909-524-2063 (Cell) ARONKWONG@YAHOO.COM

Est. payment

$8,882/mo

Principal & interestTaxesInsurance

$7,029$1,448$405

Down %

Rate %

Years

Down payment: $278,000 · Total cost: $2,808,295

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$8,882/mo

Principal & interest: $7,029
Est. property tax: $1,448
Est. insurance: $405
Down payment: $278,000

Est. gross rent$5,792/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-3,090/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.