186 South Mountain View Avenue

Los Angeles, CA 90057

$1,680,000
Price
9
Beds
6
Baths
5,840 Sq. Ft.
$288 / Sq. Ft.
5,840
Sq. Ft.
$288
per Sq. Ft.

Description

Introducing Mountain View Ave, a prime property listing in Los Angeles, California. This 4-unit building, nestled in the sought-after Westlake neighborhood, offers versatile development potential. Each unit boasts spacious interiors flooded with natural light, making it an appealing investment for any discerning buyer. With well-maintained premises and the opportunity for future expansion or redevelopment, this property is a turnkey investment. Its central location provides easy access to the city's...Introducing Mountain View Ave, a prime property listing in Los Angeles, California. This 4-unit building, nestled in the sought-after Westlake neighborhood, offers versatile development potential. Each unit boasts spacious interiors flooded with natural light, making it an appealing investment for any discerning buyer. With well-maintained premises and the opportunity for future expansion or redevelopment, this property is a turnkey investment. Its central location provides easy access to the city's amenities and transportation routes, ensuring convenience for tenants. Featuring approximately 5,840 sqft of covered area, 4 separate garages, and a Walk Score of 91, this property is a Walker’s Paradise. All units are currently occupied with reliable tenants, and nearby attractions like MacArthur Park and Filipino town enhance its appeal. Don't miss out on this exceptional investment opportunity in the heart of Los Angeles.
  1. Listed by Koorosh Adibzadeh • DRE #01971142 • Brokerage DRE #01878277 • eXp Realty of California Inc • 805-300-0878

Property Details for 186 South Mountain View Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5840
Assessor Parcel Number
5154-005-011
Property Attached YN
true

Location

Listing Courtesy of eXp Realty of California Inc, Koorosh Adibzadeh, DRE #01971142
Add your commute
LISTING UPDATED: 04/29/2024 06:51 AM

Property Details for 186 South Mountain View Avenue

StatusActive
MLS #SR24048913
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,221 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Koorosh Adibzadeh, DRE #01971142
Add your commute

Building Information for 186 South Mountain View Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.14 AC / 6,221 SF

Payment Calculator

$10,556 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,168

Property Taxes

$1,388

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 186 South Mountain View Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $107,724
  • Gross Scheduled Income: $107,724
  • Net Operating Income: $81,534
Expense Details
  • Operating Expense: $26,540
  • Fuel Expense: $0
  • Electric Expense: $750
  • Insurance Expense: $2,200
  • Trash Expense: $1,200
  • Water Sewer Expense: $790
  • Total Expenses: $26,190
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: 2084
  • Tax Census Tract: 2084.01
  • CFD/Mello-Roos Fee: $720
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Rural, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: Dining Room, Family Room, Kitchen, Electric, Gas
  • Fireplace Rooms: Dining, Electric, Family Room, Gas, Kitchen
Exterior Features
  • Entry Location: Front gate
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,025
  • Unit Type Total Rent: $3,025
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $952
  • Unit Type Total Rent: $952
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 186 South Mountain View Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 186 South Mountain View Avenue

Taxable ValueLand$797,799Additions$531,061Total$1,328,860
Tax Record2023$16,659 ($1,388 / month)
Home Facts
Total Finished SqFt5,840 SqFtAbove Grade Finished SqFt5,840 SqFtLot Size6,267 SqFtStyleQuadraplexYear Built1924ZoningLAR3CountyLOS ANGELESAPN5154-005-011

Schools near 186 South Mountain View Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Union Avenue Elementary School
PublicK to 5

Sal Castro Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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186 South Mountain View Avenue is a multi-family home for sale in Los Angeles, CA 90057. This property was listed for sale on March 11, 2024 by eXp Realty of California Inc, it's currently listed at $1,680,000. It has been on the market for a total of 51 days and was last sold on December 31, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Union Avenue Elementary School, Sal Castro Middle School and Contreras Learning Center-School Of Social Justice. 186 South Mountain View Avenue is a 9-bed, 6-bath, 5,840 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Koorosh Adibzadeh, DRE #01971142

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.