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    186 S Mountain View Avenue

    Los Angeles (City), CA 90057
    • $1,625,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: TR21045634
    UPDATED: 24 min ago
    $1,625,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,840
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Great investment property OR owner occupy . This is a four unit with great cash flow. Heart of Los Angeles and very commuter friendly property. Location is the best for future equity. Have lots of covered area approximately 5,840 sqft. Also features 4 separate garages. walk-up structure contains character and charm not found in other buildings. Units contain walk-in closets, hardwood floors, built-in cabinetry, and large windows. All of the units have private garages and most have front and rear entrances. 186 South Mountain View Avenue has a Walk Score of 91 out of 100. This location is a Walkers Paradise so daily errands do not require a car. This location is in the Westlake neighborhood in Los Angeles. Nearby parks include Parkview Playground, MacArthur Park, Los Angeles, CA and MacArthur Park.. All units are occupied and have great tenants. Local Attractions: The culture is one of the most attractive aspects of Westlake; here you will find historic MacArthur Park, Filipinotown, Lafayette Park, and Temple-Beaudry. While many of these historic landmarks were dilapidated and crime ridden for decades, the area has begun the process of a slow revitalization. Artists from across LA have converted abandoned rail tunnels into public murals and recently MacArthur park was used as the location of a floating public art installation that consisted of 3,000 painted spheres.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/114777922
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    186 S Mountain View Avenue Los Angeles (City), CA 90057

    • Price: $1,625,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: TR21045634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,840
    SQFT
    $278
    $/SQFT
    1924
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great investment property OR owner occupy . This is a four unit with great cash flow. Heart of Los Angeles and very commuter friendly property. Location is the best for future equity. Have lots of covered area approximately 5,840 sqft. Also features 4 separate garages. walk-up structure contains character and charm not found in other buildings. Units contain walk-in closets, hardwood floors, built-in cabinetry, and large windows. All of the units have private garages and most have front and rear entrances. 186 South Mountain View Avenue has a Walk Score of 91 out of 100. This location is a Walkers Paradise so daily errands do not require a car. This location is in the Westlake neighborhood in Los Angeles. Nearby parks include Parkview Playground, MacArthur Park, Los Angeles, CA and MacArthur Park.. All units are occupied and have great tenants. Local Attractions: The culture is one of the most attractive aspects of Westlake; here you will find historic MacArthur Park, Filipinotown, Lafayette Park, and Temple-Beaudry. While many of these historic landmarks were dilapidated and crime ridden for decades, the area has begun the process of a slow revitalization. Artists from across LA have converted abandoned rail tunnels into public murals and recently MacArthur park was used as the location of a floating public art installation that consisted of 3,000 painted spheres.
    Exterior Features

    Lot Features Back Yard Number Of Separate Electric Meters 1 Parking Features Direct AccessGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 750 Fuel Expense 350 Garage YN Yes Gross Income 107724 Gross Scheduled Income 107724 Insurance Expense 2200 Land Lease YN No Laundry Features Inside Levels TwoThree Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 ExchangeGovernment LoanVa Loan Net Operating Income 81534 New Construction YN No New Taxes Expense 21250 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 26190 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Water Sewer Expense 790 Water Source Public Zoning Lar3

    Listing provided courtesy of Farzana Naeem of Action Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
     
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