7417 Fountain Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90046
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,426 sqft
Price per Sqft $641
MLS Listing ID 24-430413
Bedrooms 5
Year Built 1937
Lot Size 6,219 Sqft
Acres 0.1428
Property Description
Presenting a distinguished 4-unit property spread across two separate parcels, each with its own unique address exceedingly rare feature that simplifies leasing and management. This property encompasses both parcels, offering unparalleled convenience for rental purposes.Three of the four units will be delivered fully vacant, with the potential for the fourth unit to follow suit, providing immediate and substantial rental income. Currently, the property generates an impressive gross income exceeding ($156,000,) with further potential for growth. The units exude a bright and inviting atmosphere, enhanced by their spacious layout and distinctive charm.The main unit features two well-appointed bedrooms, a stylish living room, and a generously sized kitchen. Each unit boasts its own kitchen and living area, ensuring comfort and privacy. The property also includes ample gated parking for all residents.Located in one of Los Angeles' most sought-after neighborhoods, this property is just minutes from premier restaurants, bars, and boutiques. This rare and exceptional offering is ideal for investors, owner-users, or anyone seeking to capitalize on rental income opportunities.Priced to Sell don't miss out on this remarkable chance to acquire a prime real estate asset.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall Electric
Cooling Air Conditioning, Wall/Window
Equipment Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup, Gas Dryer Hookup, Cable
Exterior
Parking Features Covered Parking, Gated
Pool None
Building
Level or Stories Two
Others
Special Listing Condition Standard