5663 Fountain Avenue

  • Los Angeles

  • $2,399,000
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Residential Income Details

Description
Standard Sale. Great 8 unit income property in Hollywood with excellent value added opportunity. One block away from the DASH Hollywood Bus line and 0.7 miles from the Metro Red Line. Great price per unit for 8 x 2 bed 1 bath units in the area. Projected market rents can be higher once the property is enhanced. Separately metered for gas and electricity. One unit rehabbed and rented at $1,895 per month. Subject to City of Los Angeles Rent control ordinance. Sold AS IS and Where Is.
Essential
MLS #18347412
Price$2,399,000
Number of Units8
Sale TypeStandard
StatusActive
Listing BrokerageIngenious Asset Group, Inc.
Listing AgentVineendra Jain
Listing Agent BRE #01413466
Interior
AppliancesNone
Exterior
ParkingCarport Detached
RoofingFlat
Community
AreaC20 - Hollywood
Address5663 Fountain Avenue
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90028
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, June 20, 2018. 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.