6154 Fountain Avenue

Hollywood, CA 90038

$1,775,000
Price
—
Beds
5,242 Sq. Ft.
$339 / Sq. Ft.
5,242
Sq. Ft.
$339
per Sq. Ft.

Description

Hollywood condominium conversion opportunity potential! Investors look no further! Come see this charming Hollywood Manor style apartment complex of 6 UNITS in a beautiful area of Hollywood. Ready to add to your portfolio! - this 6 unit (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located!Hollywood condominium conversion opportunity potential! Investors look no further! Come see this charming Hollywood Manor style apartment complex of 6 UNITS in a beautiful area of Hollywood. Ready to add to your portfolio! - this 6 unit (2) Two-bedroom, and (4) One bedroom units of good size, total living area 5,242sq/ft! This corner property won't last long! Current rents are decent with the HUGE rent increase potential OR potentially convert to a Condo Complex! Centrally located!
  1. Listed by Christian R Gastelum • DRE #01371788 • Premier Properties of Pasadena

Property Details for 6154 Fountain Avenue

Subdivision Name
Not Applicable
Garage Spaces
6.00
View
None
LISTING UPDATED: 10/30/2024 06:04 PM

Property Details for 6154 Fountain Avenue

StatusActive
MLS #P1-18971
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.15 AC / 6,710 SF
CountyLos Angeles County

Building Information for 6154 Fountain Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.15 AC / 6,710 SF

Property Information for 6154 Fountain Avenue

Summary
Location and General Information
  • Accessibility Features: Parking
  • Building Area Total: 5,242.00
  • Community Features: Sidewalks, Street Lights, Urban
  • City: Hollywood
  • Direction Faces: North
  • Directions: Hollywood & Vine, head south to Fountain Ave, make a left.Santa Monica Blvd & Vine head north to Fountain, make a left.
  • Area: C20 - Hollywood
  • Postal Code Plus4: 8346
  • Road Surface Type: Paved
  • Unparsed Address: 6154 Fountain Avenue, Hollywood, CA 90028
Parking
  • Parking Features: Garage - Single Door, Asphalt, Assigned
Taxes and HOA Information
  • Association Fee: $.00
  • Professional Management Expense: $600.00
  • Tax Other Annual Assessment Amount: $162.00
  • Tax Tract: 1210
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Corner Lot, Front Yard, Near Public Transit, Sprinklers None
  • Lot Size Acres: .15
  • Lot Size Square Feet: 6,710.00
  • Lot Size Area: 6,710.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5534003001
  • Road Frontage Type: City Street
  • Zoning: LAR3
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: 2+ Common Walls
  • Documents Count: 0
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $3,500.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Plaster
  • Exterior Features: Awning(s)
  • Fencing: Chain Link
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Private: No
  • Roof: Composition, Shingle
  • Security Features: Smoke Detector(s), Window Bars, Carbon Monoxide Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Gas Range
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Yes
  • Interior Features: Crown Molding, Ceramic Counters, Ceiling Fan(s)
  • Laundry Features: None
  • Living Area: 5,242.00
  • View: No
  • Window Features: Bay Window(s), Garden Window(s)
  • Levels: Two
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $117,078.00
  • Net Operating Income: $101,814.00
  • Electric Expense: $119.00
  • Insurance Expense: $2,874.00
  • Number Of Buildings: 2
  • Operating Expense: $15,264.00
  • Special Listing Conditions: Trust
  • Trash Expense: $1,500.00
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Property History for 6154 Fountain Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6154 Fountain Avenue

Taxable ValueLand$384,090Additions$147,719Total$531,809
Tax Record2024$7,538 ($628 / month)
Home Facts
Total Finished SqFt5,242 SqFtAbove Grade Finished SqFt5,242 SqFtLot Size6,710 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningLAR3CountyLOS ANGELESAPN5534-003-001

Schools near 6154 Fountain Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hollywood Elementary
PublicK to 5

Vine Street Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6154 Fountain Avenue is a multi-family home for sale in Hollywood, CA 90038. This property was listed for sale on August 22, 2024 by Premier Properties of Pasadena, it's currently listed at $1,775,000. It has been on the market for a total of 70 days and was last sold on September 15, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include Hollywood Elementary, Vine Street Elementary School and Joseph Le Conte Middle School. 6154 Fountain Avenue is a 0-bed, 0-bath, 5,242 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Properties of Pasadena, Christian R Gastelum, DRE #01371788

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.