7011 Fountain, Los Angeles, CA, 90028

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$2,195,000
3 Days On Site

7011 Fountain
Los Angeles, CA 90028

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,319
SqFt
$661
/SqFt
1923
Built
County:
Los Angeles
Listed by Robert Biggs III of The ONE Luxury Properties robert.biggsiii@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
7011 Fountain7011 Fountain7011 Fountain7011 Fountain
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Fully occupied six-unit RSO multifamily at 7011 Fountain Ave in Hollywood. Three single-story buildings around a back courtyard, with six 1BD/1BA units of about 500 SF each. Current rents total $10,894/mo ($130,730/yr). Unit 1 was just leased at $1,995, and one long-term tenant pays $952, so there's room to grow as that unit turns. The prior owner documented about $196K in capital work, including foundation, main sewer line, storm drains and courtyard paving. Roofs on two buildings are under three years old. Copper plumbing, upgraded windows, water heaters 2-8 years old. Tenants pay electric, gas and trash. Coin laundry in the courtyard. Two gated off-site parking spaces, rented month to month. Buyer to verify all information, including income, expenses, zoning, square footage, permits and rent control.

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Listing Snapshot
Price 
$2,195,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,319 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1316 Acres
Year Built 
1923
MLS® Number 
SR26217235
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1316
Additional Property Use 
Investment
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
3319
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Community Features
MLS Area 
C37 - Metropolitan South
Financing Terms Available 
1031 Exchange


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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