151 S Mountainview Avenue, Los Angeles, CA 90057

Local realty services provided by:Better Homes and Gardens Real Estate Champions
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,

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1954
  • Listing ID #:25621599
  • Added:1 day(s) ago
  • Updated:November 24, 2025 at 10:28 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Better Homes and Gardens Real Estate Champions is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Champions, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 151 S Mountainview Avenue