186 S Mountain View Avenue

    Los Angeles (City), CA 90057
    • $1,675,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: TR19139186
    UPDATED: 238 min ago
    $1,675,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,840
      SQFT
    • $287
      $/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 Walker+GGs 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 2019-10-22T00:33:43.89. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/95921108

    186 S Mountain View Avenue Los Angeles (City), CA 90057

    • Price: $1,675,000
    • Status: Active
    • Updated: 238 min ago
    • ID#: TR19139186
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,840
    SQFT
    $287
    $/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 Walker+GGs 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

    Garage Spaces 4.00 Lot Features Near Public TransitPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Features GarageGarage Faces FrontGarage - Single Door Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 750.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 105000.00 Gross Scheduled Income 105000.00 Insurance Expense 2200.00 Land Lease YN No Laundry YN Yes Net Operating Income 85000.00 New Construction YN No New Taxes Expense 21250.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 4940.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6.00 Total Expenses 26190.00 Trash Expense 1200.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 790.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Farzana Naeem of Action Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-22T00:33:43.89. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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