7417 Fountain Avenue

Los Angeles, CA 90046

$2,199,000

List Price

5

bed Beds

5

shower Baths

3,426 sqft

straighten / sqft

1937

calendar_month Built

Property Description

Presenting a distinguished 4-unit property spread across two separate parcels, each with its own unique address exceedingly rare feature that simplifies leasing and management. This property encompasses both parcels, offering unparalleled convenience for rental purposes.Three of the four units will be delivered fully vacant, with the potential for the fourth unit to follow suit, providing immediate and substantial rental income. Currently, the property generates an impressive gross income exceeding ($156,000,) with further potential for growth. The units exude a bright and inviting atmosphere, enhanced by their spacious layout and distinctive charm.The main unit features two well-appointed bedrooms, a stylish living room, and a generously sized kitchen. Each unit boasts its own kitchen and living area, ensuring comfort and privacy. The property also includes ample gated parking for all residents.Located in one of Los Angeles' most sought-after neighborhoods, this property is just minutes from premier restaurants, bars, and boutiques. This rare and exceptional offering is ideal for investors, owner-users, or anyone seeking to capitalize on rental income opportunities.Priced to Sell don't miss out on this remarkable chance to acquire a prime real estate asset.

Listing Information

List Price $2,199,000
Status Active
MLS 24430413
Type Residential Income
Year Built 1937
Lot Size 6,219
Structure Size 3,426
DOM 16
Courtesy Of Keller Williams Hollywood Hills
Listing Agent Bijan Saadati DRE#01955838
Co-Listing Agent Iwona "Ivy" Lis DRE#02120410

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 5
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Bijan Saadati, Iwona "Ivy" Lis, Keller Williams Hollywood Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.