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Image 1 - 153 South Mountain View Avenue, Los Angeles, CA 90057, USA - House for sale
Image 2 - 153 South Mountain View Avenue, Los Angeles, CA 90057, USA - House for sale
Image 3 - 153 South Mountain View Avenue, Los Angeles, CA 90057, USA - House for sale
Image 4 - 153 South Mountain View Avenue, Los Angeles, CA 90057, USA - House for sale
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Home For Sale In Los Angeles, California
153 South Mountain View Avenue, Los Angeles, CA 90057, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 05/17/24

153 South Mountain View Avenue, Los Angeles, CA 90057, USA

10 Bed:
10 Bath:
6,536 Sq Ft Living Area:
Save
Price
$ 1,95M

About This House

Huge 450k Price Reduction! Value-Add 10-unit building with 4 fully renovated units with permits (100% occupied) in the historic Filipino Town priced at only $195k/door and$298/SF.Amazing Current Cap Rate of 6.4% and11 GRMwith an incredible 88% upside to 14% Cap Rate and5.9 GRMon proforma. Plus, there are Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 162k/unit, 9.4% Cap Rate, and 8 GRM on Current with upside to 17% Cap Rate and4.9 GRMon Proforma after ADUs. 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 to add 2 Attached ADUs in the garages will eliminate/reduce …  Full description

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Westlake Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.