Los Angeles, CA 90046,7401 Fountain Avenue
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Los Angeles, CA 90046,7401 Fountain Avenue,Video Tour
Los Angeles, CA 90046,7401 Fountain Avenue
Los Angeles, CA 90046,7401 Fountain Avenue
Los Angeles, CA 90046,7401 Fountain Avenue
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7401 Fountain Avenue Los Angeles, CA 90046

6,040 SqFt


UPDATED:

10/06/2024 04:35 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,040 sqft

Price per Sqft $389

MLS Listing ID CL24391369

HOA Y/N No

Year Built 1920

Lot Size 6,228 Sqft

Acres 0.14

Property Description

Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first availability in two decades, this property is situated in one of Los Angeles' most fashionable neighborhoods.The property showcases a significant investment potential, with one unit remodeled approximately two years ago and another eight years prior. The remaining two apartments and the detached home present a wealth of opportunity to enhance and optimize future rental income. Furthermore, the R3 zoning with Tier 1 TOC underscores vast possibilities for future development, adding a layer of value to this investment.Located just south of the iconic Sunset Strip, 7401 Fountain boasts an impressive Walk Score of 92, labeling it as a "Walker's Paradise." Residents enjoy proximity to Beverly Hills, The Grove, and numerous renowned boutiques, eateries, and entertainment venues within a 10-minute drive. In addition to its prime location, the property ensures tenant security with gated front access and

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Exterior

Utilities Available Other Water/Sewer

Building

Lot Description Front Yard

Water Other

New Construction No

Others

Tax ID 5550023008


Bridge MLS
Listed by Sebastian Wolski • Compass

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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7401 Fountain Avenue