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Image 1 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
Image 2 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
Image 3 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
Image 4 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
Image 5 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
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Image 9 - 151 S Mountainview St, Los Angeles, California, 90057 - House for sale
S Mountainview St, Los Angeles, Home For Sale
151 S Mountainview St, Los Angeles, California, 90057

S Mountainview St, Los Angeles, Home For Sale

house for sale
Listed: 08/23/24

151 S Mountainview St, Los Angeles, California, 90057

10 Bed:
10 Bath:
6,536 Sq Ft Living Area:
Save
Price
$ 2,13M

About This House

Now offered with Higher Rents and 1 New Vacancy! Value-Add 10-unit building with 4 fully renovated units with permits and an upcoming 5th vacancy that can be renovated and leased for$2, 407 (Previous rent was only $808). Priced at only $212k/door and$325/SFwith an amazing Current Cap Rate of 6.77% and10.6 GRMwith 57% upside to 11.9% Cap Rate and6.7 GRMon proforma. Plus, there are Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 177k/unit, 9.5% Cap Rate, and 8 GRM on Current with upside to 14.6% Cap Rate and5.6 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 …  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.