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    5667 Fountain Ave

    Los Angeles, CA 90028
    • $2,695,000
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 21-682806
    $2,695,000
    • 13
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,097
      SQFT
    • $380
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    The subject property is a turn-key, nine unit apartment complex built in 1964 and located in Hollywood. Ideally situated on Fountain Ave, just off Wilton Place and south of Sunset, these units offer tenants a central hub to all that Hollywood and Los Angeles has to offer. The property boasts a diverse unit mix with one studio, three 1 bedroom, 1 bathroom units, one 2 bedroom, 1 bathroom unit, one 2 bedroom, 1 bathroom unit and three 2 bedroom, 2 bathroom units. The prime location allows occupants to enjoy all of Hollywood's world famous entertainment, dining and culture, within the comfort of a quiet and luxurious home. All units have been renovated. The improvements are built on a 7,511 square foot lot with a total rentable square footage of 7,097. There are 10 on-site parking spaces and the buildings seismic soft-story retrofit has been completed. Each well maintained unit is individually metered for gas and electricity.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T23:42:17.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.jelmbergteam.com/homes/113446874
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    5667 Fountain Ave Los Angeles, CA 90028

    • Price: $2,695,000
    • Status: Active
    • MLS #: 21-682806
    13
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,097
    SQFT
    $380
    $/SQFT
    1964
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    The subject property is a turn-key, nine unit apartment complex built in 1964 and located in Hollywood. Ideally situated on Fountain Ave, just off Wilton Place and south of Sunset, these units offer tenants a central hub to all that Hollywood and Los Angeles has to offer. The property boasts a diverse unit mix with one studio, three 1 bedroom, 1 bathroom units, one 2 bedroom, 1 bathroom unit, one 2 bedroom, 1 bathroom unit and three 2 bedroom, 2 bathroom units. The prime location allows occupants to enjoy all of Hollywood's world famous entertainment, dining and culture, within the comfort of a quiet and luxurious home. All units have been renovated. The improvements are built on a 7,511 square foot lot with a total rentable square footage of 7,097. There are 10 on-site parking spaces and the buildings seismic soft-story retrofit has been completed. Each well maintained unit is individually metered for gas and electricity.
    Exterior Features

    Lot Size Area 7511 Other Structures None Parking Garage Covered Parking Total Parking 10

    Interior Features

    Baths Total 14.00 Cooling None Equipment None Heating None

    Property Features

    Assessed Total Value 1868377 Gross Income 198443 Gross Operating Income 192490 Like Units1 1 Like Units2 3 Like Units3 1 Like Units4 1 Like Units5 3 Net Operating Income 131461.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 61029 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Morgan Mcmullin DRE#01716570 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T23:42:17.043. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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