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    6642 Fountain Ave

    Los Angeles, CA 90028
    • $1,600,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 20-573240
    UPDATED: 46 min ago
    $1,600,000
    • 5
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,374
      SQFT
    • $474
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:
    Area:

    School Ratings & Info

    Description

    PRICE REDUCED! We are pleased to present a fantastic multifamily opportunity in prime Hollywood, CA. The subject property is ideally suited for an owner-user given that the 5,493 square foot parcel contains a beautiful freestanding craftsman house built in 1915 along with a rear Spanish 4plex built in 1929. The well-maintained three-bedroom house retains many period elements including exterior wood siding, a welcoming front porch, leaded windows and a beautiful wood-adorned fireplace. The rear 4-unit building boast charming architecture and private rear yards for the lower units. Meticulously maintained, this is a true turnkey asset. The offering is an ideal small income property whether it be for a seasoned investor or a first-time owner-user.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-14T18:43:04.433. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/105454902
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    6642 Fountain Ave Los Angeles, CA 90028

    • Price: $1,600,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: 20-573240
    5
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,374
    SQFT
    $474
    $/SQFT
    1929
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    PRICE REDUCED! We are pleased to present a fantastic multifamily opportunity in prime Hollywood, CA. The subject property is ideally suited for an owner-user given that the 5,493 square foot parcel contains a beautiful freestanding craftsman house built in 1915 along with a rear Spanish 4plex built in 1929. The well-maintained three-bedroom house retains many period elements including exterior wood siding, a welcoming front porch, leaded windows and a beautiful wood-adorned fireplace. The rear 4-unit building boast charming architecture and private rear yards for the lower units. Meticulously maintained, this is a true turnkey asset. The offering is an ideal small income property whether it be for a seasoned investor or a first-time owner-user.
    Exterior Features

    Lot Size Area 5494 Other Structures None Parking Garage Other Total Parking 2

    Interior Features

    Baths Total 6.00 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 98400 Gross Operating Income 95448 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 57142.00 Number Of Buildings 2 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 38307 Type Of Units Residential Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Robert Renshaw DRE#01332831 of Remax Commercial & Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-14T18:43:04.433. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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