
Los Angeles, California 90026
Analysis of 320 N Mountain View, Los Angeles, California 90026 is currently available with a list price of $4,000,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Although the property is a 2026 new construction, it is currently an unfinished shell and unlivable. It lacks completed kitchens and bathrooms, and systems (HVAC/Electric) are mid-installation with exposed wiring and framing, requiring a full interior build-out and 'rehab' to reach a habitable state.
Situated in a high-demand rental market near Echo Park Lake and Downtown LA, the property is perfectly positioned for strong long-term appreciation and consistent tenant interest.
This 14-unit asset offers over 16,000 square feet of modern living space, featuring premium rooftop decks with city views that allow for higher rental premiums.
As a nearly completed project, it provides investors a unique opportunity to finish construction, stabilize the asset, and maximize immediate equity and income upside.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 16401, other record living area = 1653.
The property is sold 'as-is' and requires the buyer to verify all permits and manage the remaining construction, introducing potential regulatory and financial hurdles.
With only limited parking available for a 14-unit building, the property may face challenges in attracting tenants who prioritize vehicle storage in a dense urban area.
NEW CONSTRUCTION | VALUE-ADD | 14-UNIT OPPORTUNITY | ECHO PARK LOCATION Welcome to 320 N Mountain View Ave — a rare opportunity to acquire a newly constructed 14-unit multifamily asset in the heart of Echo Park, just minutes from Echo Park Lake, Downtown Los Angeles, and major Eastside corridors. This mid-rise building offers approximately 16,401 square feet of living space nearly completed project, presenting a unique opportunity for the next owner to step in and finish, stabilize, and maximize its full income potential. Units are thoughtfully designed with modern layouts, and the property features attractive amenities including rooftop deck access with city views, along with limited on-site parking. With strong rental demand in the area, this asset is positioned for both immediate upside and long-term appreciation. Investment Highlights: • 14-unit new construction asset • Sold recently — minimal to no updates completed since last transaction • Value-add opportunity to complete, lease, or sale. • High-demand Echo Park / Westlake location • Rooftop decks with premium view potential • Close proximity to Echo Park Lake, DTLA, and major retail corridors Perfect for investors looking for: • Lease-up opportunity • New construction with upside • Long-term hold in a prime rental market • Value-add repositioning Property to be sold as-is. Buyer to verify all permits, status of construction, and completion requirements.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-1 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 22% |
| Baths | 0.0 | 2.0 | 11% |
| Square foot | 16,401 | 1,149 | 89% |
| Lot Size | 4,801 | 7,003 | 33% |
| Price | $4.00M | $807.0K | 89% |
| Price per sq ft | $244 | $701 | 11% |
| Built year | 2026 | 1978 | 89% |
| HOA | $0 | $350 | 11% |
| Days on market | 4 | 80 | 11% |
Apr 29, 2026
$4,000,000
Initial Listing
Jun 17, 2024
$3,450,000
Public Record
Feb 23, 2018
$740,000
Public Record
Nov 1, 2005
$602,000
Public Record