7417 Fountain Avenue
$2,199,000
5
5
3,426
3,426
$642
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...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.
- Listed by Bijan Saadati • DRE #01955838 • Brokerage DRE #01364089 • Keller Williams Hollywood Hills
- Listed by Iwona "Ivy" Lis • DRE #02120410 • Brokerage DRE #01364089 • Keller Williams Hollywood Hills
Property Details for 7417 Fountain Avenue
Zoning
LAR3
Parcel Number5550023005
Total Units4.0
Living Area3426
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate0
Lot Size Area6219
LISTING UPDATED: 09/06/2024 03:25 PM
Property Details for 7417 Fountain Avenue
Status | Active |
---|---|
MLS # | 24-430413 |
Days on Market | 69 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | 0.14 AC / 6,219 SF |
County | Los Angeles County |
Building Information for 7417 Fountain Avenue
Stories-Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,219 SF
Property Information for 7417 Fountain Avenue
Property History for 7417 Fountain Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7417 Fountain Avenue
Taxable ValueLand$1,530,000Additions$280,500Total$1,810,500
Tax Record2024$22,287 ($1,857 / month)
Home Facts
Total Finished SqFt3,426 SqFtAbove Grade Finished SqFt3,426 SqFtLot Size6,217 SqFtStyleQuadraplexYear Built1937ZoningLAR3CountyLOS ANGELESAPN5550-023-005
Schools near 7417 Fountain Avenue
This home is within Los Angeles Unified School District.
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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