We are pleased to present a nearly completed new construction fourteen (14) unit apartment building located at 319 N Westlake Avenue / 320 N Mountain View Avenue in Los Angeles, California. The subject property is located in a good South Echo Park location just a couple blocks from Echo Park Lake, south of Temple Street and east of Alvarado Street. This nearly completed new construction property contains a good unit mix of four (4) one-bedroom / one-bathroom units set aside for affordable housing, one (1) one-bedroom / one-bathroom market rate unit, seven (7) one-bedroom / one and a half-bathroom market rate units with a bonus den, and two (2) one-bedroom / two-bathroom market rate units with a bonus den. Three (3) units are penthouses on the fifth floor. The one-bedrooms featuring a den can potentially be converted to two-bedroom units. Units on the upper floors have access to impeccable views across LA including Echo Park Lake, Downtown, and Hollywood. There are 0.5 parking spaces per unit for a total of seven (7) parking spaces. This mid-rise property features luxury amenities such as access to private rooftop decks that can be rented for additional income. Tenants will love being within immediate walking distance to trendy Eastside retail, restaurant, and entertainment amenities across W Temple Street and Glendale Boulevard. Some of these amenities include Target, Bloom & Plume Coffee, Tribal Cafe, Clark Street Echo Park, Laveta, 1642 Bar, and more. Outdoor recreation is less than a mile away at Echo Park Lake, with the tennis courts available even closer to the subject property. Situated in a good South Echo Park location, this offering presents an excellent opportunity for an astute developer to capitalize on a finishing a nearly complete new construction mid-rise apartment building free from Los Angeles Rent control (subject to rent restrictions on select units).
Property Details
Property Features
Property Information:
Year Built: 2023
Stories: 5
Living Area: 16,401 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 14
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Parking: Covered, Garage, Pull-through, One Space
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Edward R. Roybal Learning Center, Public District Grades 9-12
Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
Sal Castro Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: The subject property is located in a good South Echo Park location just a couple blocks from Echo Park Lake, south of Temple Street and east of Alvarado Street.
Price Information
Listing Price Info
Price Summary:
List Price: $3,450,000
Price Per SqFt: $210/SqFt
Tax Information:
Annual Amount: $9,447
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.4M more than the Median Sold Price and $422/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23326497
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 23, 2018
Feb 23, 2018Home Sold
$740,000
Nov 01, 2005
Nov 01, 2005Home Sold
$602,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,447
$777,872
2020
$9,166
$769,896
2019
$8,869
$754,800
2018
$8,679
$723,019
2017
$8,679
$708,844
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.2K
Per Month
Principal & Interest
$17.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.4K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.60 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school23.10 miles
Public Magnet Grades 1-5
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school24.58 miles
Public Magnet Grades KG-5
Middle School
4
/10
Sal Castro Middle School
1575 W 2nd St
Distance between this listing and this school0.58 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school2.99 miles
Public District Grades 6-8
High School
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.58 miles
Public District Grades 9-12
3
/10
Edward R. Roybal Learning Center
1200 Colton St
Distance between this listing and this school0.88 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school0.88 miles
Public District Grades 9-12
Assigned Schools
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.60 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school23.10 miles
Public Magnet Grades 1-5
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school24.58 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Sal Castro Middle School
1575 W 2nd St
Distance between this listing and this school0.58 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school2.99 miles
Public District Grades 6-8
Nearby Schools
4
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.74 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.58 miles
Public District Grades 9-12
3
/10
Edward R. Roybal Learning Center
1200 Colton St
Distance between this listing and this school0.88 miles
Public District Grades 9-12
1
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $46,170. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 320 N Mountain View Ave
What is the listing price of this property?
The listing price of 320 N Mountain View Ave property is $3,450,000.
What type of property is this?
The property 320 N Mountain View Ave is a house located in Los Angeles, California, 90026.
Is this property for sale now?
Sale Pending: 320 N Mountain View Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 320 N Mountain View Ave are: Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Sal Castro Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Belmont Senior High School: GreatSchools Rating 2/10Edward R. Roybal Learning Center: GreatSchools Rating 3/10Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $9,447 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 23, 2018 for $740,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 320 N Mountain View Ave has 14 bedrooms and 20 bathrooms.
What is the square footage of this property?
The property 320 N Mountain View Ave is 16,401 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 320 N Mountain View Ave is 2023.
Interested in 320 N Mountain View Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 320 N Mountain View Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 16,401 square foot home, which was built in 2023, sits on a 0.11 acre lot. Features: 14 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since October 30, 2023 and is currently priced at $3,450,000.
Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Mexican League Soccer
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Foot Locker
H&M
Burlington
Little Caesars
Boston Market
Popeyes
Dodge
Honda
Nissan
Urban Adult Contemporary
Rhythmic Contemporary Hits