$1,600,000
5324 Fountain Avenue, Los Angeles 90029
9,627
Lot Size
Listing Agent
Christian Crane - Nest SeekersThis 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 |
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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 |
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Area | C20 - Hollywood |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90029 |
Amenities
Parking Spaces | 5 |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Central |
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Has Basement | No |
Fireplace | No |
Additional Information
Date Listed | April 25th, 2025 |
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Days on Market | 18 |
Zoning | LAR3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Christian Crane |
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Office | Nest Seekers |