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Listing Courtesy Of: Matthews Real Estate Investment Services, 866-889-0550, Kamfar Kyle Mirrafati
Local Realty Services Provided By: Keller Williams Realty Los Feliz
US / CA / Los Angeles / West 3rd St / 132 S MOUNTAIN VIEW AVE
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US / CA / Los Angeles / West 3rd St / 132 S MOUNTAIN VIEW AVE
Undisclosed Price
132 S MOUNTAIN VIEW AVE, LOS ANGELES, CA 90057
12 Beds
8 Baths
sq ft
ac
US / CA / Los Angeles / West 3rd St / 132 S MOUNTAIN VIEW AVE
Undisclosed Price

132 S MOUNTAIN VIEW AVE, LOS ANGELES, CA 90057

12 Beds
8 Baths
sq ft
ac
Sold
Sold
Open House:
See More Open House Schedules

Property Description

5.39% CAP Rate on in Place Rents! 132 S Mountain View Avenue is a unique 4-unit fully renovated, turn-key property in the heart of the Historic Filipinotown. This gated and secured, two story apartment, was built in 1931; however, was completed renovated to the studs in 2015 to bring back all the charm and characteristics of the property. All the units are comprised of spacious 3 Bedroom units that provide a unique open floor plan averaging around 1,225 SqFt with new windows, flooring, kitchen, bathrooms, and offering in unit washer/dryer in each unit. Additionally, all the building systems have also been upgraded with new copper plumbing, electrical, roof, and water heaters. This is an extremely easy building to manage with low operating expenses; tenants paying for gas, electric, and trash with individual water heaters in each unit. This is a rare buying opportunity to acquire a fully renovated apartment that generates a healthy rental income stream, while offering favorable residential financing.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1931
Days on Site
1,248 Days
HVAC
Heating: Wall
Parking
6 Parking Spaces
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Activity History

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Car-Dependent Walkable Very Walkable
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