5662 Fountain Avenue Los Angeles, CA ^$ 2,695,000

5662 Fountain Avenue

^$ 2,695,000

Back to search

5662 Fountain Avenue

Los Angeles, CA, 90028

^$ 2,695,000

Bedrooms10 Baths8.0 Sq 6,020

Monthly Estimate*

^$ 18,825

Listed by Baboudjian Properties Inc.

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 1

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 2

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 3

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 4

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 5

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 6

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 7

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 8

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 9

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 10

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 11

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 12

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 13

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 14

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 15

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 16

5662 Fountain Avenue, Los Angeles, CA 90028 - Image 17

View a Virtual Tour

Multi-Family Home for sale in Los Angeles, CA

for $2,695,000 with 10 bedrooms and 8 full baths. This 6,020 square foot home was built in 1953 on a lot size of 0.1722.

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.

Multi-Family Active

Price

^$ 2,695,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1722

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD24010253

Days on Market

105

Features

General

Sewer PublicSewer

Zoning LAR3

Garage Spaces 0.0

Pool Features None

Year Built 1953

Stories 2

Levels Two

Property SubType Apartment

Gross Income 150133.0

Community Features Curbs

County Los Angeles

Net Operating Income 100314.0

Operating Expense 49819.0

Insurance Expense 3486.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Between Santa Monica Blvd. and Hollywood Blvd. near the corner of Wilton Pl.

City Los Angeles

Entry Location 1st Floor

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C20 - Hollywood

Lot Size Square Feet 7502.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 8

Street Name Fountain

Listing Terms Cash CashtoExistingLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 717.0

Home Warranty Y/N N

Fuel Expense 63.0

Trash Expense 3290.0

Water Sewer Expense 2485.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 4

Virtual Tour https://vimeo.com/902629362

Total Actual Rent 12511.1

Property Sub Type Additional Apartment

Taxes 33687.0

Exterior

Parking Features Assigned

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 7502.0

Number of Buildings 1

Spa N

Building Area Total 6020.0

Lot Size Acres 0.1722

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5662

* Excluded Features

List By

Baboudjian Properties Inc.

Broker

(818) 244-5151

Phone

Affordability Calculator

$18,825

Per Month

Monthly Principal & Interest: $18,825
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 25%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/18/2024	$2,695,000		Listed Price

Map

More homes like this one

homes for you

See all

5662 Fountain Avenue, Los Angeles, CA, 90028 is a Multi-Family Home for sale at $2,695,000 with 6,020 sqft and a lot size of 0.1722. 5662 Fountain Avenue has 10 bedrooms, 8.0 baths, and was built in 1953. The property's zip code is 90028 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5662 Fountain Avenue

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home