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186 S Mountain View Ave, Los Angeles, CA 90057
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186 S Mountain View Ave Los Angeles, CA 90057

$1,680,000
  • 13 Beds
  • 6 Baths
  • 5,840 Sq.Ft.
For Sale
$1,680,000 Get Pre-Qualified
Map preview of 186 S Mountain View Ave, Los Angeles, CA 90057

Property Overview: 186 S Mountain View Ave Los Angeles, CA has 13 bedrooms, 6 bathrooms, 5,840 living square feet and 6,221 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Introducing Mountain View Ave, a prime property listing in Los Angeles, California. This 4-unit building, nestled in the sought-after Westlake neighborhood, offers versatile development potential. Each unit boasts spacious interiors flooded with natural light, making it an appealing investment for any discerning buyer. With well-maintained premises and the opportunity for future expansion or redevelopment, this property is a turnkey investment. Its central location provides easy access to the city's amenities and transportation routes, ensuring convenience for tenants. Featuring approximately 5,840 sqft of covered area, 4 separate garages, and a Walk Score of 91, this property is a Walker’s Paradise. All units are currently occupied with reliable tenants, and nearby attractions like MacArthur Park and Filipino town enhance its appeal. Don't miss out on this exceptional investment opportunity in the heart of Los Angeles.

Listed by Koorosh Adibzadeh | BRE #01971142 | eXp Realty of California Inc
Last checked: 6 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
6,221
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
SR24048913
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $952
  • Total Rent: $952
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,025
  • Total Rent: $3,025
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,724
  • Net Operating Income: $81,534
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $26,540
  • Electric: $750
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $2,200
  • Water/Sewer: $790

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Property Details for 186 S Mountain View Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Dining Room, Family Room, Kitchen, Electric, Gas
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5154005011
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Please use reliable source to obtain directions.
Neighborhood Information
  • Community Features: Rural, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 186 S Mountain View Ave

Last sold for $960,000 on January 14th, 2016

  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: SR24048913

    $1,680,000

    Price

  • December, 2023

  • Dec 28, 2023

    Date

    Canceled

    CRMLS: TR23040035

    $1,700,000

    Price

  • Mar 9, 2023

    Date

    Active

    CRMLS: TR23040035

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the property listing Mountain View Ave in Los Angeles, California. This fantastic property is a 4-unit building that offers a variety of future development options. Located in the desirable neighborhood of Westlake, this property is a fantastic investment opportunity. Each of the 4 units boasts comfortable living spaces with plenty of natural light. The property is well-maintained and has been kept in good condition, making it a turnkey investment for any savvy investor. In addition to the existing units, this property provides a unique opportunity for future development with the potential to add more units or redevelop the site entirely, there is plenty of room for growth and expansion. The location of this property is truly unbeatable. Situated in the heart of Los Angeles, it offers easy access to all the city has to offer, including fantastic dining, shopping, and entertainment options. With its proximity to major transportation routes, tenants can easily commute to any part of the city. residents will enjoy easy access to local amenities, shopping, dining, and entertainment options. Whether you are looking to live in one of the units or rent them out, this property has something for everyone. Heart of Los Angeles and very commuter friendly property. Have lots of covered area approximately 5,840 sqft. Also features 4 separate garages. Walk Score of 91 out of 100. This location is a Walker’s 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. 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, Filipino town, Lafayette Park, and Temple-Beauty. landmark. 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 With its strategic location and ample space, this property is an excellent choice for anyone looking to expand their investment portfolio. Don't miss out on this rare investment opportunity.

  • July, 2021

  • Jul 29, 2021

    Date

    Price Change

    CRMLS: TR21045634

    $1,500,000

    Price

  • Mar 4, 2021

    Date

    Active

    CRMLS: TR21045634

    $1,625,000

    Price

  • Listing provided courtesy of CRMLS

    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 Walker’s 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.

  • May, 2020

  • May 1, 2020

    Date

    Expired

    CRMLS: TR19139186

    $1,665,000

    Price

  • Oct 18, 2019

    Date

    Price Change

    CRMLS: TR19139186

    $1,665,000

    Price

  • Aug 17, 2019

    Date

    Price Change

    CRMLS: TR19139186

    $1,675,000

    Price

  • Jun 14, 2019

    Date

    Active

    CRMLS: TR19139186

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    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 Walker’s 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.

  • January, 2016

  • Jan 14, 2016

    Date

    Sold (Public Records)

    Public Records

    $960,000

    Price

  • November, 2002

  • Nov 12, 2002

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

Show More

Tax History for 186 S Mountain View Ave

Assessed Value (2020): $1,264,166
Year Land Value Improved Value Assessed Value
2020 $758,958 $505,208 $1,264,166

Home Value Compared to the Market

This property vs the competition

186 S Mountain View Ave is listed 34.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $287.67 per/sqft which puts the price per square foot 62.98% lower than the median price per square foot for the city of Los Angeles.

About 186 S Mountain View Ave

Detailed summary of property

186 S Mountain View Ave is a fourplex located in Los Angeles, CA 90057 and is currently for sale. This fourplex offers 13 bedrooms, 6 bathrooms, roughly 5,840 living square feet, and sits on an approximately 6,221 square foot lot. 186 S Mountain View Ave was first listed on ArdentRealEstateGroup.com on March 12, 2024. The homeowner is currently asking $1,680,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.4% higher than the median priced home. Local competing homes currently for sale include 1820 W 11th St, 1120 Logan St and 1840 11th Pl. While the average home in Los Angeles, CA is selling in 92 days, 186 S Mountain View Ave has a days on market of 64 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 186 S Mountain View Ave Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 186 S Mountain View Ave

Public county record property details
Beds
11
Baths
9
Year built
1924
Sq. Ft.
5,840
Lot Size
6,267
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5154-005-011

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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