320 N Mountain View Ave Los Angeles, CA 90026
Westlake NeighborhoodEstimated payment $21,902/month
Highlights
- Ductless Heating Or Cooling System
- Heating Available
- 5-minute walk to Lake Street Park
- Laundry Room
About This Home
NEW CONSTRUCTION | VALUE-ADD | 14-UNIT OPPORTUNITY | ECHO PARK LOCATION
Welcome to 320 N Mountain View Ave — a rare opportunity to acquire a newly constructed 14-unit multifamily asset in the heart of Echo Park, just minutes from Echo Park Lake, Downtown Los Angeles, and major Eastside corridors. This mid-rise building offers approximately 16,401 square feet of living space nearly completed project, presenting a unique opportunity for the next owner to step in and finish, stabilize, and maximize its full income potential. Units are thoughtfully designed with modern layouts, and the property features attractive amenities including rooftop deck access with city views, along with limited on-site parking. With strong rental demand in the area, this asset is positioned for both immediate upside and long-term appreciation.
Investment Highlights:
• 14-unit new construction asset
• Sold recently — minimal to no updates completed since last transaction
• Value-add opportunity to complete, lease, or sale.
• High-demand Echo Park / Westlake location
• Rooftop decks with premium view potential
• Close proximity to Echo Park Lake, DTLA, and major retail corridors
Perfect for investors looking for:
• Lease-up opportunity
• New construction with upside
• Long-term hold in a prime rental market
• Value-add repositioning
Property to be sold as-is. Buyer to verify all permits, status of construction, and completion requirements.
Listing Agent
Won Suk Kim Real Estate, Inc. Brokerage Phone: 323-202-5885 License #02035537 Listed on: 04/29/2026
Property Details
Home Type
- Condominium
Year Built
- Built in 2026
Lot Details
- Two or More Common Walls
Home Design
- Entry on the 1st floor
Interior Spaces
- 16,401 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Water Not Available
- Sewer Not Available
Community Details
- 14 Units
- Rent Control
Listing and Financial Details
- Legal Lot and Block 4 / 39
- Assessor Parcel Number 5157025029
- $218 per year additional tax assessments
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 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $4,000,000 | +440.5% | $244 / Sq Ft | |
| 04/23/2018 04/23/18 | Sold | $740,000 | 0.0% | $448 / Sq Ft | View Prior Sale |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,450,000 | Ticor Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Quit Claim Deed | -- | Lawyers Title Company | |
| Warranty Deed | $740,000 | Lawyers Title Company | |
| Grant Deed | $602,000 | -- | |
| Gift Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Corporate Deed | $147,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,192,500 | New Conventional | |
| Previous Owner | $555,000 | New Conventional | |
| Previous Owner | $451,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $96,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26093293
APN: 5157-025-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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
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