125 N Mountain View AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,950 sqft
Price per Sqft $442
MLS Listing ID 25597883
Bedrooms 11
Year Built 2019
Lot Size 4,608 Sqft
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
Area C21 - Silver Lake - Echo Park
Zoning LAR4
Interior
Heating Central
Exterior
Parking Features Covered
Building
Story 3
New Construction Yes
Others
Special Listing Condition Standard