$4,200,000
7550 Fountain Avenue, West Hollywood 90046
3
Beds
3
Baths
8,390
Square feet
6,853
Lot Size
10
# Of Units
Listing Agent
Yar Meshkaty - Coldwell Banker RealtyThis exceptional investment opportunity is situated in the prime location of West Hollywood. The building comprises four spacious 2-bedroom, 2-bathroom units and six 1-bedroom, 1-bathroom units. Currently generating an annual income of $261,042, this property holds substantial income potential. There is immediate income upside with one recently updated 2-bedroom, 2-bathroom unit vacant on the upper floor, which can conservatively be projected to rent at $2,985 per month. Additionally, one 1-bedroom and 1-bathroom unit on the ground floor is currently vacant, with a projected monthly rental income of $2,200 per month. Located just moments away from the vibrant Sunset Strip, the coveted Norma Triangle neighborhood, the bustling Melrose shopping district, and the iconic Hollywood Walk of Fame, this property offers not only an attractive investment but also the allure of the West Hollywood lifestyle. Don't miss out on this outstanding investment opportunity!
Facts & Features
| MLS® # | 23306965 |
|---|---|
| Price | $4,200,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 8,390 |
| Lot Size | 6,853 |
| Year Built | 1958 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 10 |
Community Information
| Address | 7550 Fountain Avenue |
|---|---|
| Area | C10 - West Hollywood Vicinity |
| City | West Hollywood |
| County | Los Angeles |
| Zip Code | 90046 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Assigned, Covered |
| Garages | Assigned, Covered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Refrigerator |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Stories | Multi/Split |
Additional Information
| Date Listed | September 1st, 2023 |
|---|---|
| Days on Market | 240 |
| Zoning | WDR2* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Yar Meshkaty |
|---|---|
| Office | Coldwell Banker Realty |