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7417 Fountain Avenue
Los Angeles, CA 90046
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.
PROPERTY INFORMATION
| MLS # | 24430413 | Lot Size | 6,219 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,199,000
Price Per SqFt: $ 642 |
DOM | 254 Days |
| Address | 7417 Fountain Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,426 Sq. Ft. |
| Postal Code | 90046 | Garage | N/A |
| County | Los Angeles | Year Built | 1937 |
| Bed / Bath | 5 / 0 | Parking | N/A |
| Built In | 1937 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Microwave |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| InteriorFeatures Information | Ceiling Fan(s) |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,346
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/22/2024 | Listed | $2,199,000 |
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Listing provided courtesy of Bijan Saadati, Keller Williams Hollywood Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
