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Apartment at 2201 Mira Vista Avenue
$4,400,000
2201 Mira Vista Avenue
Montrose, Los Angeles, 91020
Apartment
Active · 0 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type
Apartment
Bedrooms
15
Building size
14,194 sqft
Lot size
24,211 sqft
Year built
1948
Stories
2
Garage spaces
15
Heating
Wall Furnace
Pool
None
Status
Active
Days on market
0
MLS #
249145532

About this property

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

2201 Mira Vista Avenue

Montrose, Los Angeles, CA, 91020

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2201 Mira Vista Ave, Montrose CA | Multifamily for Sale