151 S Mountainview Avenue, Los Angeles, CA 90057

Local realty services provided by:ERA North Orange County Real Estate
151 S Mountainview Avenue,Los Angeles, CA 90057
$2,595,000
  • 10 Beds
  • 10 Baths
  • 6,536 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25621599
Source:CRMLS

Price summary

  • Price:$2,595,000
  • Price per sq. ft.:$397.03

About this home

Renovated 10-unit building with plans for 6 additional units cash flowing at an amazing 6% Cap Rate from day 1 with upside to 8.4% Cap on Proforma. Preliminary plans to add 6 new units in the garages to achieve a remarkable 10.2% Current Cap Rate, 12.6% Proforma Cap Rate, and only 188k/door after taking into account all construction costs (~415k assuming $300/SF). 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. Plans for additional units in the garages will eliminate/reduce the soft-story scope of work and cost. Easy to rent unit mix consisting of 10 large (1 bed/1 bath) units. 6 units have been fully remodeled and boast new modern cabinets, flooring, lighting, new bathrooms, and significant exterior improvements. This property is located in the trendy & historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions,

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Home facts

  • Year built:1954
  • Listing ID #:25621599
  • Added:3 day(s) ago
  • Updated:November 24, 2025 at 11:04 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Living area:6,536 sq. ft.

Structure and exterior

  • Year built:1954
  • Building area:6,536 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,595,000
  • Price per sq. ft.:$397.03
Based on information from California Regional Multiple Listing Service, Inc. as of November 28, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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