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Listed by: Julio Ruiz (818) 524-0706 DRE #01911261, Armin Soleimani DRE #01846872 | Global Platinum Properties, Inc. (424) 394-1030
$2,295,000
Monthly Est:$11,423
10 Beds
10 Baths
6,536sqft
151 S Mountainview Ave, Los Angeles, CA 90057
$2,295,000
$11,423/moEst:
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Multi Family
Built in 1954
$-- HOA
6,388 sqft lot
$351/sq.ft
Description
Huge 300k Price Reduction and Now with Fully Approved RTI Plans! Renovated 10-unit building with RTI plans for 6 additional units, cash-flowing at an amazing 7% Cap Rate from day 1, with upside to 9.6% cap rate on pro forma. RTI plans to add 6 new units in the garages to achieve a remarkable 11.7% Current Cap Rate, a 14.2% pro forma cap rate, and only $ 169k/door after accounting for 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. RTI Plans for additional units in the garages will eliminate/reduce the soft-sto...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: September 17, 2026 at 6:33 pm
- Source: California Regional MLS-CA | MLS#: 26851443
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1954
HOA Fees
-
Finished Area
6,536 sqft
Lot Size
6,388 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26851443
MLS Status
Active
Days on Market
87
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 10
Interior
Appliances
Refrigerator
Flooring
Laminate
Price History
| Date | Event | Price |
|---|---|---|
09/16/2026 Source: | Price Decreased | $2,295,000 -4.18% $351/sqft |
04/07/2026 Source: | Off Market | $2,395,000 -2.24% $366/sqft |
04/07/2026 Source: | Listed for Sale | $2,450,000 $375/sqft |
02/03/2026 Source: | Off Market | $2,450,000 -2.97% $375/sqft |
11/24/2025 Source: | Price Decreased | $2,525,000 -2.70% $386/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 05:45PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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