NOT LISTED FOR SALE

320 N Mountain View Ave Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $1,147,947 - $1,564,000

4 Beds
2 Baths
1,653 Sq Ft
$843/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $740,000 $448 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $8,174/month

167 Days on Market

About This Home

As of April 2018

Seller Motivated and will entertain all reasonable offers. Great investment, awesome location! These units ( 2 bedrooms / 1 bath each) currently have tenants, but BOTH will be delivered VACANT a COE. Yes, these cosmetic fixers are gonna need some TLC, but once you're done you can either rent them out completely or live in one house while collecting rent from the other to help pay the mortgage. These are TWO HOUSES ON A LOT where the entrance to each home is on a completely different street (second house located on 319 Westlake Ave.). You gotta go see it in person to understand the tremendous opportunity.

Last Agent to Sell the Property

Celeste Molina

Molina & Associates License #01714865 Listed on: 06/30/2017

Last Buyer's Agent

Beatrice De Jong

License #01976379

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,089

Year Built

  • Built in 1954

Lot Details

  • 4,801 Sq Ft Lot

Interior Spaces

  • 1,653 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5157-025-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,089

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1653
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 447.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Lot Info

  • Assessed Improvement Value: 348627
  • Assessed Land Value: 346319
  • Assessor Parcel Number: 5157-025-029
  • Geocode Override: No
  • Lot Size Area: 4801

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Type Of Units: 2 on a lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Mountain View North Llc
Bought by
Westlake Mountainview Llc
Current Estimated Value
$1,393,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,192,500
Outstanding Balance
$4,141,015
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$2,747,033

Purchase Details

Closed on
Jan 19, 2020
Sold by
Berger Tremale Jerome and Kahan Sam
Bought by
Moutain View North Llc

Purchase Details

Closed on
Feb 14, 2018
Sold by
Kahan Bila
Bought by
Kahan Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2017
Sold by
Garcia Bonifacio and Garcia Santos
Bought by
Berger Tremale Jerome and Kahan Sam

Purchase Details

Closed on
Oct 7, 2005
Sold by
Brice Ryan R and Brice Sheila Z
Bought by
Garcia Bonifacio and Garcia Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
7.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 10, 2001
Sold by
Brice Ryan R
Bought by
Brice Ryan R and Brice Sheila Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.21%

Purchase Details

Closed on
Mar 22, 2000
Sold by
Pimentel Mildred and Medelita R Brice Living Trust
Bought by
Brice Ryan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
8.06%

Purchase Details

Closed on
Feb 9, 2000
Sold by
Koy Builders Inc
Bought by
Lay Tea and Lay Van Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
8.06%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Westlake Mountainview Llc $3,450,000 Ticor Title Company
Moutain View North Llc -- None Available
Kahan Sam -- Lawyers Title Company
Berger Tremale Jerome -- Lawyers Title Company
Berger Tremale Jerome $740,000 Lawyers Title Company
Garcia Bonifacio $602,000 --
Brice Ryan R -- Lawyers Title Company
Brice Ryan R -- --
Lay Tea $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westlake Mountainview Llc $4,192,500
Previous Owner Kahan Sam $555,000
Previous Owner Garcia Bonifacio $451,500
Previous Owner Brice Ryan R $100,000
Previous Owner Lay Tea $96,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $740,000 0.0% $448 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/14/2017 12/14/17 Price Changed $740,000 -5.1% $448 / Sq Ft
06/30/2017 06/30/17 For Sale $780,000 -- $472 / Sq Ft
Source: The MLS

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 $10,089 $3,519,000 $1,479,000 $2,040,000
2024 $10,089 $825,482 $825,482 --
2023 $9,896 $809,297 $809,297 $0
2022 $9,438 $793,429 $793,429 $0
2021 $9,447 $777,872 $583,404 $194,468
2020 $9,543 $769,896 $577,422 $192,474
2019 $9,167 $754,800 $566,100 $188,700
2018 $8,870 $723,019 $360,309 $362,710
2016 $8,480 $694,946 $346,319 $348,627
2015 $8,357 $684,508 $341,117 $343,391
2014 $8,393 $671,100 $334,435 $336,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-247132

The MLS

APN: 5157-025-029