Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

Quick Search

    151 Mountainview Avenue, Los Angeles, CA 90057
    Image Gallery
    Property Photos
    151 Mountainview Avenue
    1. Image 0 of 20 For 151 Mountainview Avenue
    2. Image 1 of 20 For 151 Mountainview Avenue
    3. Image 2 of 20 For 151 Mountainview Avenue
    4. Image 3 of 20 For 151 Mountainview Avenue
    5. Image 4 of 20 For 151 Mountainview Avenue
    6. Image 5 of 20 For 151 Mountainview Avenue
    7. Image 6 of 20 For 151 Mountainview Avenue
    8. Image 7 of 20 For 151 Mountainview Avenue
    9. Image 8 of 20 For 151 Mountainview Avenue
    10. Image 9 of 20 For 151 Mountainview Avenue
    11. Image 10 of 20 For 151 Mountainview Avenue
    12. Image 11 of 20 For 151 Mountainview Avenue
    13. Image 12 of 20 For 151 Mountainview Avenue
    14. Image 13 of 20 For 151 Mountainview Avenue
    15. Image 14 of 20 For 151 Mountainview Avenue
    16. Image 15 of 20 For 151 Mountainview Avenue
    17. Image 16 of 20 For 151 Mountainview Avenue
    18. Image 17 of 20 For 151 Mountainview Avenue
    19. Image 18 of 20 For 151 Mountainview Avenue
    Contact Silva Babaian
    Contacting Silva Babaian
    • All fields are required.
    Schedule A Showing
    Schedule a Showing.
    • All fields are required.
    Check this box to Register with us:
    Request more information
    • MLS#: 25477341 ( Multi-Family )
    • Street Address: 151 Mountainview Avenue
    • Viewed: 1
    • Price: $2,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1954
    • Bldg sqft: 0
    • Days On Market: 62
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90057
    • Provided by: Global Platinum Properties, Inc.
    • Contact: Armin Armin
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Amazing Current Cap Rate of 7.3% and 10 GRM with 43% upside to 11% Cap Rate and 7.2 GRM on proforma! Value Add 10 unit building with 6 Fully renovated units priced at only $220k/door and $336/SF plus Fully Approved RTI plans to add 2 attached ADUs to improve the numbers to only 183k/unit, 10% Cap Rate, and 7.7 GRM on Current with upside to 14% Cap Rate and 5.8 GRM on Proforma after ADUs. 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. RTI plans to add 2 Attached ADUs 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 historic Filipino Town just minutes away from Echo Park, Silverlake, DTLA as well as many hip neighborhood attractions, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.
    Request More Information
    • All fields are required.
    Features
    Property Type
    1. Multi-Family
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836