USACALos Angeles151 S Mountain View Ave
Listing image | Image 1

151 S Mountain View Ave, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$2,395,000

10108

MLS® 26851443

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6536 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.1466 Acres
Approx. Age 1954
Avg. Price Per Sqft $366
MLS® Number 26851443

Property Address: 151 S Mountain View Ave, Los Angeles, CA, 90057-2311

Average square foot calculated using Size range provided by listing agent.

Description

3rd Price Reduction and Now with Fully Approved RTI Plans! Renovated 10-unit building with RTI plans for 6 additional units cash flowing at an amazing 6.75% Cap Rate from day 1 with upside to 9.25% Cap on Proforma. RTI plans to add 6 new units in the garages to achieve a remarkable 11.3% Current Cap Rate, 13.7% Proforma Cap Rate, and only 175k/door after taking into account all construction costs (~415k assuming $300/SF). All units are individually metered for Electricity and gas, and tenants pay for Trash. Rare 8 vacant single Car Garages for additional income and ADU potential. RTI Plans for additional units in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 6 units have been fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
MLS® Number26851443
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1954
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$2,395,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$2,395,000List Price
-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$2,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
151 S Mountain View Ave, Los Angeles, CA

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