7401 Fountain Avenue
Listed By Compass
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Listed By Compass
Virtual Tour
Description
Listing Agent
![Sebastian Wolski]()
sebastian.wolski@compass.comP: (818)-554-2199
Property Details for 7401 Fountain Avenue
Property Details for 7401 Fountain Avenue
| Status | Active |
|---|---|
| MLS # | 24-391369 |
| Days on Market | 222 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1920 |
| Lot Size | 0.14 AC / 6,228 SF |
| County | Los Angeles County |
| Buyer's Agent Compensation | 2% |
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Building Information for 7401 Fountain Avenue
Property Information for 7401 Fountain Avenue
- Tax Mello Roos: No
- Number Of Units: 5
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 2
- Type Of Units: 4 Apts 1 SFH
- Security Features: Automatic Gate, Gated
- Property Condition: Fixer
- Water: Public
- Sewer: In Street
- Water Heaters: Yes
- Water Heater Features: Gas
- Probate: No
- Disclosures: As Is
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $113,953
- Net Operating Income: $65,012.80
- Gross Income: $113,853
- Cap Rate: 2.73%
- Gross Rent Multiplier: $20.90
- Actual Annual Gross Rent: $113,852.92
- Actual Gross Annual Income: $113,853
- Actual Rent Total: $9,487.66
- Financial Info as Of: 07/01/2024
- Owner Pays: Water, Gardener, Other
- Total Annual Expense: 48839.16
- Water Expense: $2,400.00
- Gas Expense: $750
- Electric Expense: $750.00
- Trash Expense: $1,152.00
- Tax Expense: $27,368
- Gardener Expense: $2,199
- Insurance Expense: $5,004
- Additional Parcel Number: Yes
- Alley: No
- Lot Acreage: 0.143
- Lot Size Square Feet: 6228
- Lot Features: Front Yard
- Lot Description: Front Yard, Automatic Gate
- Parking Garage: Gated, Private
- Total Parking: 6
- Open Other Spaces Total: 6
- Parking Features: Gated, Private
- Levels: Two
- Cooling: Central Air
- Cooling Type: Central
- Heating: Central
- Heating Type: Central
- Equipment: Range/Oven, Refrigerator, Ceiling Fan, Dishwasher, Washer, Dryer
- Interior Features: Ceiling Fan(s)
- Laundry: In Unit
- Virtual Tour Url: https://my.matterport.com/show/?m=jnKhT8jjX93
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- Roof: Flat
- New Construction: No
- Other Structural Features: Balcony
- Other Structures: None
- Entry Date: 05-14-2024
- Tenant Pays: Electricity, Cable TV, Gas, Air Cond/Heat Maint
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $3,275.00
- Unit Actual Rent: $3,275.00
- Unit Projected Rent: $3,300.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,650.00
- Unit Actual Rent: $2,650.00
- Unit Projected Rent: $3,500.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,154.70
- Unit Actual Rent: $1,154.50
- Unit Projected Rent: $2,500.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,063.00
- Unit Actual Rent: $1,063.00
- Unit Projected Rent: $2,300.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,345.00
- Unit Actual Rent: $1,345.00
- Unit Projected Rent: $2,300.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109, 2110
- Number of Electric Meters: 5
- Number Leased: 5
- Number Range: 5
- Number Refrigerator: 5
- Assessed Improvement Value: $675,448.00
- Assessed Improvement Percent: 42.97
- Assessed Land Value: $896,505.00
- Assessed Land Percent: 57.03
- Assessed Total Value: $1,571,953.00
Property History for 7401 Fountain Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7401 Fountain Avenue
Schools near 7401 Fountain Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Opportunity School Public7 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.
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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 Compass, Sebastian Wolski, DRE #01947480
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.