$1,600,000

5324 Fountain Avenue, Los Angeles 90029

9,627

Lot Size

Listing Agent
Christian Crane - Nest Seekers

This prime mixed-use property offers a rare investment opportunity with both immediate income and long-term development potential. Featuring two commercial storefront units with excellent street visibility and three fully occupied residential units in the rear, the property is ideally suited for an investor looking to generate rental income now while planning for future growth. Zoned for higher density, it presents the potential to be redeveloped into a 25-unit building (buyer to verify with the city), making it a strong value-add opportunity in a rapidly evolving area. With solid foot traffic, strong rental demand and flexible zoning, this property is a versatile asset perfect for investors seeking a high-upside project.

Facts & Features

MLS® # 25528785
Price $1,600,000
Bathrooms 0.00
Lot Size 9,627
Year Built 1912
Type Commercial Sale
Sub-Type Mixed Use
Status Active
# Of Units 5

Community Information

Address 5324 Fountain Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90029

Amenities

Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Central
Has Basement No
Fireplace No

Additional Information

Date Listed April 25th, 2025
Days on Market 18
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentChristian Crane
OfficeNest Seekers

Listing Map

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