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  • 151 S Mountainview Avenue

151 S Mountainview Avenue, Los Angeles, CA 90057

$2,295,000 Approx. USD 10 beds, 10 baths
6,536 sqft

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 818-524-0706

Co Listing Agent


Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.
Phone: 310-666-2246

Agent Remarks

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-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, restaurants, bars, and shops such as Brooklyn Bagel Bakery, Boba Guys - Rideback Ranch, HiFi Kitchen, and Laveta Coffee, popping up all around the area.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26851443
List price is $2,295,000 Reduced by $100,000 on 9/17/2026
Price: $2,295,000
Beds: 10
Baths: 10
Built in 1954
6,536 sqft
2 stories
0.15 acres
Lot size: 0.1466
County: Los Angeles
Zoning: LAC2
Appliances: Refrigerator
MLS area: C42 - Downtown L.A.

Last Updated: 9/17/2026

 Days On Market (DOM): 109

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.065128, -118.270744.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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