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7417 Fountain Avenue

Los Angeles (City), CA 90046
  • $1,850,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • ID#: 22188313
Under Contract
UPDATED: 35 min ago
$1,850,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,426
    SQFT
  • $540
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Listing Agent(s): Bijan Saadati of Keller Williams Hollywood Hills (310-623-1300)


Description

(AMAZING DEAL!!) Great income generating 4 unit property (R3 Zoned) on two separate parcels. This property includes both parcels and each unit has its own individual address. 3 of the 4 units will be delivered fully vacant to the new owner. Light, bright, spacious with a special charm to it. The main unit contains a two bedroom with distinctive style as well as a great size living room and kitchen. Each unit has its own kitchen and living space. Ample amount of gated parking for all units included. Located in one of the most desirable areas in Los Angeles and minutes away from some of the best restaurants, bars and boutiques. Don't miss this rare and amazing opportunity to own this beautiful 4 unit property. This is perfect for a investor, owner user or anyone looking to generate rental income. (PRICED TO SELL)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-07T00:29:52.513. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/132150405
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7417 Fountain Avenue Los Angeles (City), CA 90046

  • Price: $1,850,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 35 min ago
  • ID#: 22188313
5
Beds
0
Baths
0
½ Baths
0.16
Acres
3,426
SQFT
$540
$/SQFT
1937
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
(AMAZING DEAL!!) Great income generating 4 unit property (R3 Zoned) on two separate parcels. This property includes both parcels and each unit has its own individual address. 3 of the 4 units will be delivered fully vacant to the new owner. Light, bright, spacious with a special charm to it. The main unit contains a two bedroom with distinctive style as well as a great size living room and kitchen. Each unit has its own kitchen and living space. Ample amount of gated parking for all units included. Located in one of the most desirable areas in Los Angeles and minutes away from some of the best restaurants, bars and boutiques. Don't miss this rare and amazing opportunity to own this beautiful 4 unit property. This is perfect for a investor, owner user or anyone looking to generate rental income. (PRICED TO SELL)
Exterior Features

Parking Features CoveredGated Parking Total 0

Interior Features

Appliances DishwasherDisposalMicrowaveDryer Cooling Wall/Window Unit(S) Cooling YN Yes Interior Features Ceiling Fan(S)

Property Features

Additional Parcels YN Yes Association YN No Cap Rate 5.6 Gross Income 129600 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 103680 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-07T00:29:52.513. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Bijan Saadati of Keller Williams Hollywood Hills (310-623-1300)