125 N Mountain View Avenue Active

Los Angeles,CA 90026

$ 2190000

11 Beds

0 Bath

4950 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,950 sqft

Price per Sqft $442

MLS Listing ID CL25597883

Bedrooms 11

HOA Y/N No

Year Built 2019

Lot Size 4,607 Sqft

Acres 0.11

Property Sub-Type OTHER

Property Description

We have just reduced the price for a quick sale. MOTIVATED SELLER - Quick Close Incentive may be available. BUILT IN 2019 NO RENT CONTROL 5.2% CAP RATE 14.4 GRM TOWNHOME STYLE UNITS WITH PRIVATE LAUNDRY. We are proud to present this modern 4-plex investment property at 125 N Mountain View Ave in Echo Park, located near Silver Lake, Koreatown, Westlake, and just minutes from Downtown LA. PRIME LOCATION just south of the 101 Freeway surrounded by new multifamily developments, coffee shops and restaurants. GREEN CERTIFIED (T-24) for energy efficiency and designed for low-maintenance ownership. SPACIOUS LIVING with only one common wall per unit, in-unit laundry, and secure gated parking. TENANTS PAY FOR THEIR OWN WATER HEATER, HEATING, AND IN-UNIT LAUNDRY UTILITIES, MINIMIZING OWNER EXPENSES. SEPARATELY METERED for water, gas, and electricity with a fifth landlord meter servicing water-efficient landscaping and LED exterior lighting. TURNKEY OPPORTUNITY for a stable and hassle-free investment in one of LA's fastest-growing neighborhoods. One unit became vacant in September. The seller may provide a credit for six months' rent if the unit is not leased before the close of escrow.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Heating Central

Fireplace No

Laundry Dryer,Washer

Exterior

Total Parking Spaces 8

Building

New Construction No

Others

Tax ID 5157021047

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