We have just reduced the price for a quick sale. MOTIVATED SELLER - Quick Close Incentive may be available. BUILT IN 2019 NO RENT CONTROL 5.5% CAP RATE 13.8 GRM TOWNHOME STYLE UNITS WITH PRIVATE LAUNDRY. We are proud to present this modern 4-plex investment property… Read More 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. Read Less
Property listed by Total Commercial, Inc., Sang (Brian) Ji 213-387-3456
Listing Snapshot
Days Online
56
Last Updated
Beds
11
Square Ft.
4,950
Lot Size
0.11 Acres
Year Built
2019
MLS Number
25597883
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 2019, Living area: 4950.0, 2 buildings, 3 stories, Levels: MultiSplit
Heating
Central
Income
Gross Income: $158,352, Net Operating Income: $114,261
Lot
0.1058 acres, Dimensions: 40x116
Parking
8 total parking spaces, Covered
Taxes
Parcel Number: 5157021047, Zoning: LAR4
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
