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125 N Mountain View Ave, Los Angeles, CA 90026
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125 N Mountain View Ave Los Angeles, CA 90026

$2,050,000 Sold Price as of 08/02/2019
  • 11 Beds
  • 11 Baths
  • 5,298 Sq.Ft.
Sold
$2,050,000 Sold Price as of 08/02/2019 Refinance Your Mortgage
Map preview of 125 N Mountain View Ave, Los Angeles, CA 90026

Property Overview: 125 N Mountain View Ave Los Angeles, CA has 11 bedrooms, 11 bathrooms, 5,298 living square feet and 4,607 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NEW CONSTRUCTION FOUR UNIT. CofO RECEIVED AND ALL UTILITIES INSTALLED! NO RENT CONTROL. WARRANTIED. 5.45 CAP. 13.5 GRM. BUYER DIDN'T PERFORM AND THE PROPERTY IS NOW BACK ON MARKET. We are pleased to present another new construction four-unit property. 125 N Mountain View is in the Echo Park Neighborhood, which is adjacent to Silverlake, Koreatown, and Westlake and only a few minutes’ drive from Downtown. This area just south of the 101 Fwy has seen a dramatic change in the last two years, with the addition of many new coffee shops, restaurants, bars and new construction housing. As is with all of our properties, 125 N Mountain View is a warrantied and Green Certified building offering the investor a trouble-free and low-maintenance investment. The tenants will enjoy private and spacious living in townhome style units with only one common wall, private laundry rooms in each unit, and motorized security gated parking. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord’s fifth water and power meter servicing water-efficient landscape and LED exterior lighting. Please feel free to reach out to us with any questions regarding this opportunity.

Listed by Seth Hamilton | BRE #01897619 | Citivest Realty Services, Inc
Last checked: 12 minutes ago | Last updated: March 31st, 2022 | Source CRMLS | DOM: 173

Home details

Lot Sq. Ft
4,607
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19012011
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.45%
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: $154,200
  • Net Operating Income: $113,627
  • Gross Operating Income: $149,574
  • Vacancy Allowance: $4,626
Annual Expense Breakdown
  • Total Operating Expense: $35,947
  • Electric: $400
  • Gas/Fuel: $0
  • New Taxes: $24,812
  • Trash: $0
  • Cable TV: $0
  • Gardener: $118
  • Insurance: $1,635
  • Maintenance: $1,600
  • Professional Management: $5,982
  • Water/Sewer: $400

Property Details for 125 N Mountain View Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, High Efficiency
Heating Information
  • Has Heating
  • Central, High Efficiency
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
Interior Features
  • Open Floorplan, Unfurnished
  • Levels: Three Or More
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System
Exterior Features
Exterior Information
  • Roof: Bitumen
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5157021047
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Offered With Property: All appliances and fixtures
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: From the 101FWY take Alvarado exit South, Left on Court St, Right on Mountain View.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 125 N Mountain View Ave

Last leased for $3,300 on October 7th, 2019

  • September, 2020

  • Sep 9, 2020

    Date

    Canceled

    CRMLS: 20573280

    $3,100

    Price

  • Jul 16, 2020

    Date

    Price Change

    CRMLS: 20573280

    $3,100

    Price

  • Apr 24, 2020

    Date

    Active

    CRMLS: 20573280

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    New, green certified, energy efficient unit. Very private and secure, with only one common wall. Top of the line stainless steel appliances (Range, microwave and refrigerator). Open floor plan with recessed lighting, in unit laundry hook ups, and central heating and air. Two parking spaces. Short distance to downtown Los Angeles and Sunset Blvd. Excellent location close to Echo Park Lake and the neighborhood's best restaurants, bars, shops, and entertainment.

  • October, 2019

  • Oct 9, 2019

    Date

    Leased

    CRMLS: 19514036

    $3,300

    Price

  • Oct 6, 2019

    Date

    Pending

    CRMLS: 19514036

    $3,300

    Price

  • Sep 24, 2019

    Date

    Active

    CRMLS: 19514036

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    Brand New, green certified, energy efficient unit. Very private and secure, with only one common wall. Top of the line stainless steel appliances (Range, microwave and refrigerator). Open floor plan with recessed lighting, in unit laundry hook ups, and central heating and air. Two parking spaces. Short distance to downtown Los Angeles and Sunset Blvd. Excellent location close to Echo Park Lake and the neighborhood's best restaurants, bars, shops, and entertainment.

  • October, 2019

  • Oct 9, 2019

    Date

    Leased

    CRMLS: 19514302

    $3,300

    Price

  • Oct 6, 2019

    Date

    Pending

    CRMLS: 19514302

    $3,300

    Price

  • Sep 24, 2019

    Date

    Active

    CRMLS: 19514302

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    Brand New, green certified, energy efficient unit. Very private and secure, with only one common wall. Top of the line stainless steel appliances (Range, microwave and refrigerator). Open floor plan with recessed lighting, in unit laundry hook ups, and central heating and air. Two parking spaces. Short distance to downtown Los Angeles and Sunset Blvd. Excellent location close to Echo Park Lake and the neighborhood's best restaurants, bars, shops, and entertainment.

  • September, 2019

  • Sep 24, 2019

    Date

    Leased

    CRMLS: 19496320

    $3,300

    Price

  • Aug 5, 2019

    Date

    Active

    CRMLS: 19496320

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    Brand New, green certified, energy efficient unit. Very private and secure, with only one common wall. Top of the line stainless steel appliances (Range, microwave and refrigerator). Open floor plan with recessed lighting, in unit laundry hook ups, and central heating and air. Two parking spaces. Short distance to downtown Los Angeles and Sunset Blvd. Excellent eclectic, trendy location, close to Echo Park Lake and the neighborhood's best restaurants, bars, shops, and entertainment.

  • August, 2019

  • Aug 5, 2019

    Date

    Sold

    CRMLS: PW19012011

    $2,050,000

    Price

  • Jul 8, 2019

    Date

    Active Under Contract

    CRMLS: PW19012011

    $2,085,000

    Price

  • Jun 25, 2019

    Date

    Price Change

    CRMLS: PW19012011

    $2,085,000

    Price

  • May 30, 2019

    Date

    Price Change

    CRMLS: PW19012011

    $2,095,000

    Price

  • Apr 22, 2019

    Date

    Active

    CRMLS: PW19012011

    $2,099,000

    Price

  • Apr 22, 2019

    Date

    Price Change

    CRMLS: PW19012011

    $2,099,000

    Price

  • Mar 6, 2019

    Date

    Active Under Contract

    CRMLS: PW19012011

    $2,198,000

    Price

  • Feb 18, 2019

    Date

    Price Change

    CRMLS: PW19012011

    $2,198,000

    Price

  • Jan 16, 2019

    Date

    Active

    CRMLS: PW19012011

    $2,199,000

    Price

  • August, 2019

  • Aug 2, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,050,000

    Price

  • June, 2019

  • Jun 7, 2019

    Date

    Expired

    CRMLS: P0-819000575

    $3,400

    Price

  • Mar 8, 2019

    Date

    Hold

    CRMLS: P0-819000575

    $3,400

    Price

  • Feb 7, 2019

    Date

    Active

    CRMLS: P0-819000575

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    STYLISH NEW CONSTRUCTION! 125 N. Mountain View Avenue is a 3 bedroom and 3 bathroom unit with 2 covered parking spaces, located in Echo Park, which is adjacent to Silverlake, Koreatown, and Westlake, and a short drive from Downtown. Enjoy private and spacious living in a townhome style unit with only one common wall, a private laundry room, and motorized security gated parking. This vibrant area just south of the 101 Freeway has seen a dramatic change in the last two years, with the addition of many new coffee shops, restaurants, bars and new construction. 125 N. Mountain View is a warrantied and Green Certified building. All units are separately metered for electricity, water, and gas. The common areas utilize a landlord's fifth water and power meter servicing water-efficient landscape and LED exterior lighting. The property is in the final stages of completion, and the landlord is accepting lease applications with a start date of April 1st, 2019.

  • April, 2017

  • Apr 13, 2017

    Date

    Sold (Public Records)

    Public Records

    $545,000

    Price

  • March, 2004

  • Mar 29, 2004

    Date

    Sold

    CRMLS: 12030648

    $323,000

    Price

  • Jan 22, 2004

    Date

    Active

    CRMLS: 12030648

    $323,000

    Price

  • Listing provided courtesy of CRMLS

    Looking for a House Near Downtown? You Just Found it. This is a two Bedroom and one bath House That sits at the end of the lot to give you privacy just call me to make an appointment at 323-559-3791.

Show More

Tax History for 125 N Mountain View Ave

Assessed Value (2020): $2,050,000
Year Land Value Improved Value Assessed Value
2020 $1,435,000 $615,000 $2,050,000

Home Value Compared to the Market

This property vs the competition

125 N Mountain View Ave sold on August 2, 2019 for 75.21% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $393.54 per/sqft which puts the price per square foot 47.87% lower than the current median sale per square foot for the city of Los Angeles.

About 125 N Mountain View Ave

Detailed summary of property

125 N Mountain View Ave is a fourplex that recently sold in Los Angeles, CA 90026. This fourplex offered 11 bedrooms, 11 bathrooms, roughly 5,298 living square feet, and sits on an approximately 4,607 square foot lot. 125 N Mountain View Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,050,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 75.21% higher than the current median priced home. Local homes that are currently for sale include 1445 Calumet Ave, 1120 Logan St and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 94 days, 125 N Mountain View Ave has a days on market of 173 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 125 N Mountain View Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 125 N Mountain View Ave

Public county record property details
Beds
11
Baths
10
Year built
--
Sq. Ft.
4,950
Lot Size
4,606
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5157-021-047

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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