$2,175,000

5436 Fountain Avenue, Los Angeles, CA 90029

8,082

Lot Size

10

# Of Units

The Fountain Apartments is a 10 unit apartment building, located in the Heart of Hollywood, consisting of 10 one bedroom one bathroom units, just blocks away various eateries and the main Hollywood train station. All units have various upgrades and it's own water heaters, essentially alleviating any gas bills for the owner to pay. There is no parking on-site and no laundry facility on-site either, but plenty of street parking and nearby laundromats. Three units will be delivered vacant, allowing investors to place tenants of choice. The affordability and location makes renters flock to the Fountain Apartments. With constant ongoing development around the entire area, the Fountain Apartments is truly a desirable property, in a desirable location, for both first time buyers or experienced investors. Total annual gross income for the property is $155,085

Facts & Features

MLS® # 320007848
Price $2,175,000
Bathrooms 0.00
Lot Size 8,082
Year Built 1923
Type Residential Income
Status Active
# Of Units 10

Community Information

Address 5436 Fountain Avenue
Area C20 - Hollywood
Subdivision Not Applicable-105
City Los Angeles
County Los Angeles
State CA
Zip Code 90029

Amenities

Parking None
Garages None
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Tile
Heating Wall Furnace
Has Basement No
Fireplace No
Stories One

Additional Information

Date Listed September 28th, 2021
Days on Market 26
Zoning LAR4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentHagop Baboudjian
OfficeBaboudjian Properties Inc.

Listing Map

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