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… Read More 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
Courtesy of Total Commercial, Inc. 213-387-3456
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
11
Square Ft.
4,950
Lot Size
0.11 Acres
Year Built
2019
MLS Number
25597883
30 Days Snapshot Of 90026
$1.98M
+33%
(avg) sold price
8
-27%
homes sold
62
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Gas Or Electric Dryer Hookup, Range/Oven, Washer
Building
4,950 sq ft, Built in 2019, Levels: Multi/Split, Attached
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