$1,699,000

4281 Fountain Avenue, Los Angeles 90029

3

Beds

2

Baths

1,700

Square feet

5,426

Lot Size

Listing Agent
Shane Markland - Compass

Discover the extraordinary potential of this one-of-a-kind multi-unit property, in close proximity to Silverlake's Sunset Junction. After an extensive 3-year application process, the zoning variance has been successfully granted, transforming this unique gem into a versatile space for residential and commercial use.Originally designed with two ground-floor store fronts and an upper-level space, this stunning Art Deco corner property sits on a spacious lot, offering abundant parking space suitable for multiple businesses, a luxurious residence, or a harmonious combination of both.Moreover, the parking lot features an income-generating billboard, adding to the investment allure.For those with grand visions, the seller has secured fully approved architectural plans, which not only reimagine the existing structure but also expand it by an additional 400 square feet.Unlock the possibilities and make this unique property your canvas for creative ventures. Explore its potential as a lucrative investment, a dream home, or a blend of both, in a prime location with endless opportunities. All approvals, plans and permits to be verified by Buyer.

Facts & Features

MLS® # 24371307
Price $1,699,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,700
Lot Size 5,426
Year Built 1949
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 4281 Fountain Avenue
Area 637 - Los Feliz
City Los Angeles
County Los Angeles
Zip Code 90029

Amenities

Parking Spaces 8
Parking Driveway, Gated, Uncovered
Garages Driveway, Gated, Uncovered
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Wood
Heating Central
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
Stories Multi/Split

Additional Information

Date Listed March 21st, 2024
Days on Market 37
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentShane Markland
OfficeCompass

Listing Map

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