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151 S Mountainview Ave, 
Los Angeles, CA 90057

$2,395,000

10

Beds

10

Baths

6,536

Sq Ft

Multi-Family

Active

Listed by

Armin Soleimani

, 

Julio Ruiz

Global Platinum Properties, Inc.

424-394-1030

Last updated:

June 4, 2026, 02:14 PM

MLS#

26679327

Source:

CA CLAW

About This Home

151 S Mountainview Ave

3rd 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 6.75% Cap Rate from day 1 with upside to 9.25% Cap on Proforma. RTI plans to add 6 new units in the garages to achieve a remarkable 11.3% Current Cap Rate, 13.7% Proforma Cap Rate, and only 175k/door after taking into account 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.

Home Facts

Multi-Family

10 Baths

10 Bedrooms

Built in 1954

Price Summary

2,395,000

$366 per Sq. Ft.

MLS #:

26679327

Last Updated:

June 4, 2026, 02:14 PM

Added:

1 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

10

Bathrooms

Total Bathrooms:

10

Interior

Living Area:

6,536 Sq. Ft.

Structure

Structure

Year Built:

1954

Lot

Lot Size (Sq. Ft):

6,388

Finances & Disclosures

Finances

Price:

$2,395,000

Price per Sq. Ft:

$366 per Sq. Ft.

Source:CA CLAW
The information being provided by The Mls/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 The Mls/Claw All rights reserved. CA CLAW Member Broker: Dennis Rosas

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.