186 S Mountain View Avenue Los Angeles, CA ^$ 1,680,000

186 S Mountain View Avenue

^$ 1,680,000

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186 S Mountain View Avenue

Los Angeles, CA, 90057

^$ 1,680,000

Bedrooms8 Baths2.0 Sq 5,840

Monthly Estimate*

^$ 11,735

Listed by eXp Realty of California Inc

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 1

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 2

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 3

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 4

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 5

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 6

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 7

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 8

186 S Mountain View Avenue, Los Angeles, CA 90057 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,680,000 with 8 bedrooms and 2 full baths. This 5,840 square foot home was built in 1924 on a lot size of 0.1428.

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.

Multi-Family Active

Price

^$ 1,680,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1428

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24048913

Days on Market

Features

General

Sewer PublicSewer

Zoning LAR3

Garage Spaces 4.0

Pool Features None

Year Built 1924

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 107724.0

Community Features Rural Sidewalks

County Los Angeles

Net Operating Income 81534.0

Operating Expense 26540.0

Insurance Expense 2200.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency Buyer's cooperation with 1031 Exchange is required at no additional cost.

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Please use reliable source to obtain directions.

City Los Angeles

Entry Location Front gate

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6221.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Mountain View

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FHA VALoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 750.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 1200.0

Water Sewer Expense 790.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 48

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 10

Property Sub Type Additional Quadruplex

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 4.0

Lot Size Area 6221.0

Number of Buildings 1

Spa N

Building Area Total 5840.0

Lot Size Acres 0.1428

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features DiningRoom Electric FamilyRoom Gas Kitchen

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N Y

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 186

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(888) 584-9427

Phone

Affordability Calculator

$11,735

Per Month

Monthly Principal & Interest: $11,735
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,020,253

Percent of Sale Price 20%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$1,680,000		Listed Price

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186 S Mountain View Avenue, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $1,680,000 with 5,840 sqft and a lot size of 0.1428. 186 S Mountain View Avenue has 8 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 90057 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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186 S Mountain View Avenue

Multi-Family Home for sale in Los Angeles, CA

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