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$ 4,400,000
Est. payment | /mo
5 Beds
2 Baths
0.56 Acres Lot
$ 4,400,000
Est. payment | /mo
5 Beds
2 Baths
0.56 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26234361
Bedrooms 5
Lot Size 0.556 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
The Mira Vista Apartments presents a rare opportunity to acquire a pride-of-ownership, 15-unit apartment community in the unincorporated area of Montrose, Los Angeles County. Family-owned and operated since 1964, this well-maintained property sits on an expansive 24,211-square-foot lot and features 14,194 square feet of building area, originally built in 1988. The property offers an attractive unit mix of fourteen two-bedroom/one-bath units and one three-bedroom/one-bath unit, with individual gas and electric meters, granite countertops, hardwood flooring, tile kitchen floors, and gas wall heating. Additional property features include 15 enclosed single-car garages, a common-area laundry room with a month-to-month laundry lease, upgraded electrical systems with new unit subpanels, predominantly copper plumbing, and pitched roofs reported to be in excellent condition. The property also offers potential for future ADU development, subject to buyer investigation and verification. Ownership currently pays water and sewer, common-area gas, trash, and landscaping. The property is subject to the Los Angeles County Rent Stabilization and Tenant Protections Ordinance (RSO). Buyer to independently verify all property information, zoning, rental regulations, ADU potential, and other development opportunities.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Mira Vista Ave & Montrose Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5807004015
Acceptable Financing Cash
Listing Terms Cash
Listed by KEVIN HURLEY, DRE#01237798 Keller Williams Realty/Pasadena
Co-listed byKEVIN LUTZ • Keller Williams Realty/Pasadena
Co-listed byKEVIN LUTZ • Keller Williams Realty/Pasadena
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