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- LoopNet Team
142 S Mountain View Ave
Los Angeles, CA 90057
Delivered RTI! 22-Unit Affordable Housing · Land For Sale
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0.14 AC
Investment Highlights
- Delivered RTI (Ready-To-Issue) 22-unit, 100% affordable housing project!
- Includes 16 low-income units, 5 moderate-income units, and 1 market-rate manager's unit.
- $4,900,000 Projected Exit!
- Located on a 6,243 SF lot Vacant Lot. Get ready to build ASAP.
- Non-RSO Lot.
- Centrally located with a short drive to trendy areas such as Silver Lake, Downtown, Echo Park, Westlake and more!
Property Facts
| Property Type | Land | Total Lot Size | 0.14 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Apartment Units | ||
| Zoning | LAR3 - restricted Density Multiple Dwelling | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.14 AC |
| No. Stories | 1 |
| Zoning | LAR3 - restricted Density Multiple Dwelling |
Description
142 S Mountain View, a Ready-to-Issue 22-unit affordable housing development on a 6,243 SF vacant lot located near Echo Park and Silverlake. This 3-story, 12,780 SF project features 16 low-income units, 5 moderate-income units, and 1 manager’s unit, designed with efficiency and long-term affordability in mind. With RTI status, a Walk Score of 89, and unbeatable access to Silver Lake, Echo Park, Downtown, and LA’s strongest rental corridors, this project offers investors the rare opportunity to build immediately in a high-demand market.
Property Taxes
| Parcel Number | 5154-004-016 | Improvements Assessment | $136,292 |
| Land Assessment | $545,169 | Total Assessment | $681,461 |
Property Taxes
