$950,000
SOLD NOV 22, 2024

150 S Mountain View Ave Los Angeles, CA 90057

Westlake Neighborhood
3 Beds
2 Baths
1,441 Sq Ft
6,241 Sq Ft Lot

Recently Sold

$659 Per Sq Ft

9% Above List Price

16 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Family Room
  • Main Floor Bedroom
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2024

Incredible investment opportunity! Located in the Heart of historic FilipinoTown, this fantastic location is near Koreatown, Downtown LA and Echo Park. Plus the 110 freeway is close by. The primary residence is full of "old school" charm. Each home is detached and the possibilities are endless to develop your own home, or investment properties in a progressive area close to fine dining and a variety of shops.

Last Agent to Sell the Property

Daniel Finder

Douglas Elliman of California Brokerage Phone: 949.424.6633 License #01894085 Listed on: 09/23/2024

Douglas Elliman of California

Co-Listed By

Brandi Ryan

Arbor Real Estate Brokerage Phone: 949.424.6633 License #02147437

Last Buyer's Agent

Andy Tan

Harvest Realty Development License #02131775

Harvest Realty Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1885

Lot Details

  • 6,241 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 14 / B
  • Tax Tract Number 14
  • Assessor Parcel Number 5154004014
  • $307 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Other Phone Description: 323.217.9999
  • Other Phone Number: 323.217.9999
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5154004014
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1441.00 Square Feet
  • Stories: 1
  • Entry Location: Front of House
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 659.26
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6241.00
  • Lot Size Acres: 0.1433

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6241.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2084.01
  • Tax Lot: 14
  • Tax Tract Number: 14
  • TaxOtherAnnualAssessmentAmount: 307.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 30, 2024
Sold by
Julia Bailey Trust and Bailey Julia
Bought by
Fp8801 Llc
Seller's Agent
Daniel Finder
Douglas Elliman of California
Buyer's Agent
Andy Tan
Harvest Realty Development
List Price
$875,000
Sold Price
$950,000
Premium/Discount to List
$75,000
8.57%
Views
3
Current Estimated Value
$956,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,604
Avg. Annual Appreciation
0.94%
Original Mortgage
$700,000
Outstanding Balance
$694,660
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$261,944

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bailey Julia
Bought by
Bailey Julia and Julia Bailey Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $950,000 Lawyers Title Company
Grant Deed $950,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Closed $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $950,000 +8.6% $659 / Sq Ft
10/12/2024 10/12/24 For Sale $875,000 -7.9% $607 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/24/2024 09/24/24 Off Market $950,000 -- --
09/23/2024 09/23/24 For Sale $875,000 -- $607 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,075 $950,000 $850,000 $100,000
2024 $1,075 $63,143 $37,702 $25,441
2023 $1,064 $61,906 $36,963 $24,943
2022 $1,028 $60,693 $36,239 $24,454
2021 $1,006 $59,504 $35,529 $23,975
2020 $1,011 $58,895 $35,165 $23,730
2019 $983 $57,741 $34,476 $23,265
2018 $906 $56,609 $33,800 $22,809
2016 $856 $54,413 $32,489 $21,924
2015 $846 $53,596 $32,001 $21,595
2014 $866 $52,547 $31,375 $21,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24197264

California Regional Multiple Listing Service (CRMLS)

APN: 5154-004-014