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6575 Fountain Avenue Los Angeles, CA $ 1,895,000
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$ 1,895,000 Get more info
6575 Fountain Avenue
$ 1,895,000
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6575 Fountain Avenue

Los Angeles, CA, 90028
$ 1,895,000
Bedrooms12 Baths12.0 Sq 16,080

Monthly Estimate*

$ 13,237

Listed by Onyx Realty Inc.
6575 Fountain Avenue, Los Angeles, CA 90028 - Image 1
6575 Fountain Avenue, Los Angeles, CA 90028 - Image 2
6575 Fountain Avenue, Los Angeles, CA 90028 - Image 3

Single Family Home for sale in Los Angeles, CA

for $1,895,000 with 12 bedrooms and 12 full baths. This 16,080 square foot home was built in 1920 on a lot size of 0.1607.

**FULLY APPROVED PLANS w/ RTI PERMITS** We're pleased to present this one-of-a-kind, fully entitled Ready-To-Issue (RTI) development opportunity in the desirable and growing Hollywood neighborhood. Boasting a high Walk Score, the proposed project is situated a short distance from Sunset Blvd and is surrounded by a plethora of amenities. Utilizing TOC incentives, the development consists of 12 units with a contemporary design, featuring a 4-story mid-rise wood-frame structure, 14 onsite subterranean parking spaces & a unit mix of luxury one & two bedroom units. Entitlements are complete, allowing a buyer to begin construction immediately. Located in an exclusive HUD approved 'Opportunity Zone', this LAR3 - 1XL property sits on a spacious 7,000SF pad with approved plans to build up to approximately 22,870SF (16,080SF Residential Living Space plus 6,790SF Subterranean Garage). Priced to provide compelling exit metrics for a developer/buyer. See Offering Memo for a detailed analysis of residual land value. **SELLER FINANCING may be available for qualified buyers**

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Single Family Active

Price

$ 1,895,000

Bedrooms

12

Full Bath

12

Property Type

Single Family

Taxes

$ 0

Style

SingleFamilyResidence

Lot Size

0.1607

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23310631

Days on Market

230
Features
General
Heating None
Cooling None
Possession CloseOfEscrow
Zoning LAR3
Pool Features None
Year Built 1920
View CityLights
Stories 1
Levels One
Property SubType SingleFamilyResidence
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Facing Direction East
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Corner of Fountain Ave & Seward Street - 3 Blocks West of Cahuenga Blvd
City Los Angeles
View Y/N Y
Senior Community Y/N N
Total Units 12
MLS Area C20 - Hollywood
Lot Size Square Feet 6998.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Fountain
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 225
Standard Status Active
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Wood
Furnished Y/N Unfurnished
Fireplace Features None
Total Stories 4
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 12
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features None
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 12
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Exterior
Parking Features None
Total Parking 0.0
Lot Size Area 6998.0
Spa N
Building Area Total 16080.0
Lot Size Acres 0.1607
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6575
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* Excluded Features
List By
Onyx Realty Inc.

Broker

(310) 801-5919

Phone

Affordability Calculator

$13,237
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,237
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/13/2023$1,895,000 Listed Price

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6575 Fountain Avenue, Los Angeles, CA, 90028 is a Single Family Home for sale at $1,895,000 with 16,080 sqft and a lot size of 0.1607. 6575 Fountain Avenue has 12 bedrooms, 12.0 baths, and was built in 1920. The property's zip code is 90028 which is in Los Angeles, CA

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