125 N Mountain View Ave Los Angeles, CA 90026
Westlake NeighborhoodEstimated payment $13,616/month
Highlights
- New Construction
- Air Conditioning
- Central Heating
About This Home
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 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2019 | New Construction
Lot Details
- 4,607 Sq Ft Lot
- Lot Dimensions are 40x116
Home Design
- Split Level Home
Interior Spaces
- 4,950 Sq Ft Home
- 3-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 11 Bedrooms
- 10 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 8 Parking Spaces
- Covered Parking
Utilities
- Air Conditioning
- Central Heating
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5157-021-047
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,916 | $2,241,970 | $1,569,380 | $672,590 |
| 2024 | $26,916 | $2,198,010 | $1,538,608 | $659,402 |
| 2023 | $26,396 | $2,154,913 | $1,508,440 | $646,473 |
| 2022 | $25,169 | $2,112,661 | $1,478,863 | $633,798 |
| 2021 | $24,846 | $2,071,237 | $1,449,866 | $621,371 |
| 2020 | $25,102 | $2,050,000 | $1,435,000 | $615,000 |
| 2019 | $6,857 | $567,017 | $453,614 | $113,403 |
| 2018 | $6,810 | $555,900 | $444,720 | $111,180 |
| 2016 | $4,279 | $353,537 | $282,832 | $70,705 |
| 2015 | $4,216 | $348,227 | $278,584 | $69,643 |
| 2014 | $4,236 | $341,406 | $273,127 | $68,279 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/10/2025 12/10/25 | Pending | -- | -- | -- | |
| 10/03/2025 10/03/25 | Price Changed | $2,190,000 | -4.4% | $442 / Sq Ft | |
| 09/25/2025 09/25/25 | For Sale | $2,290,000 | 0.0% | $463 / Sq Ft | |
| 10/07/2019 10/07/19 | Rented | $3,300 | 0.0% | -- | |
| 10/05/2019 10/05/19 | Under Contract | -- | -- | -- | |
| 09/23/2019 09/23/19 | For Rent | $3,300 | 0.0% | -- | |
| 09/23/2019 09/23/19 | Rented | $3,300 | 0.0% | -- | |
| 08/04/2019 08/04/19 | For Rent | $3,300 | 0.0% | -- | |
| 08/02/2019 08/02/19 | Sold | $2,050,000 | -1.7% | $387 / Sq Ft | View Prior Sale |
| 06/25/2019 06/25/19 | Price Changed | $2,085,000 | -0.5% | $394 / Sq Ft | |
| 05/31/2019 05/31/19 | Price Changed | $2,095,000 | -0.2% | $395 / Sq Ft | |
| 04/22/2019 04/22/19 | Price Changed | $2,099,000 | -4.5% | $396 / Sq Ft | |
| 02/18/2019 02/18/19 | Price Changed | $2,198,000 | 0.0% | $415 / Sq Ft | |
| 01/16/2019 01/16/19 | For Sale | $2,199,000 | +303.5% | $415 / Sq Ft | |
| 04/13/2017 04/13/17 | Sold | $545,000 | +3.8% | $644 / Sq Ft | View Prior Sale |
| 03/16/2017 03/16/17 | Pending | -- | -- | -- | |
| 03/15/2017 03/15/17 | Price Changed | $525,000 | -3.7% | $621 / Sq Ft | |
| 03/08/2017 03/08/17 | For Sale | $545,000 | -- | $644 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,050,000 | First American Title Company | |
| Warranty Deed | $545,000 | Fidelity Sherman Oaks | |
| Warranty Deed | $325,000 | First American Title | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $380,000 | Commonwealth Land Title Co | |
| Grant Deed | -- | -- | |
| Warranty Deed | -- | Commonwealth Land Title Co | |
| Warranty Deed | $323,000 | Commonwealth Land Title Co | |
| Warranty Deed | -- | American Title Co | |
| Warranty Deed | $20,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,199,000 | Purchase Money Mortgage | |
| Previous Owner | $319,978 | Purchase Money Mortgage | |
| Previous Owner | $361,000 | Purchase Money Mortgage | |
| Previous Owner | $258,400 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | Stand Alone First | |
| Closed | $64,600 | No Value Available |
Source: The MLS
MLS Number: 25597883
APN: 5157-021-047
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