5662 Fountain Avenue, Los Angeles

$2,695,000

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10 Beds
8 Baths
.17 Acre
0 Garage

The Fountain Apartments were built in 1953 and feature 8 units within the two-story complex. The property is centrally located in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the endless restaurants and cafes. With a walk score of 86, the Fountain Apartments would be ideal for many of today’s renters just looking to be able to walk down the block for a cup of coffee at the nearby Starbucks. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units have been very well maintained and include several upgrades such as flooring and lighting. In addition, the property’s roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the liveliness of Hollywood.

Essential Information

MLS® #
GD24010253
Price
$2,695,000
Bedrooms
10
Bathrooms
8.00
Acres
0.17
Year Built
1953
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
5662 Fountain Avenue
Area
C20 - Hollywood
City
Los Angeles
County
Los Angeles
Zip Code
90028
Community Features
Curbs
Senior Community
N

Amenities

Parking
Assigned
Garages
Assigned
Pool
None

Interior

# of Stories
2
Stories
Two

Exterior

Lot Description
6-10 Units/Acre

Additional Information

Date Listed
January 17th, 2024
Days on Market
101
Zoning
LAR3

Listing Details

Agent
Jack Baboudjian
Office
Baboudjian Properties Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 7:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.