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5662 Fountain Avenue

Los Angeles (City), CA 90028
  • $2,495,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: GD25047168
$2,495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)


Description

The Fountain Apartments features 8 spacious units within the two-story complex. The property is ideally situated in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the trendiest restaurants and cafes. The property also offers incredible walkability, allowing todays renters the opportunity to walk down the street to a Starbucks or up the street to Sunset Boulevards Target. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units include several upgrades such as flooring, lighting and cabinetry and have also been very well maintained. In addition, the propertys roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the energy, action and liveliness of Hollywood.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161083476
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5662 Fountain Avenue Los Angeles (City), CA 90028

  • Price: $2,495,000
  • Status: Active
  • On Site: 14 Days
  • ID#: GD25047168
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1953
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
The Fountain Apartments features 8 spacious units within the two-story complex. The property is ideally situated in the heart of Hollywood, just minutes from the Netflix Headquarters in Hollywood, the Sunset Gower Studios and the trendiest restaurants and cafes. The property also offers incredible walkability, allowing todays renters the opportunity to walk down the street to a Starbucks or up the street to Sunset Boulevards Target. The units are spacious and the unit-mix consists of two 2 bedroom 1 bathroom units and six 1 bedroom 1 bathroom units. The units include several upgrades such as flooring, lighting and cabinetry and have also been very well maintained. In addition, the propertys roof was just recently replaced. This is a great opportunity for an investor looking for a stable property immersed in the energy, action and liveliness of Hollywood.
Exterior Features

Carport Spaces 7 Carport YN Yes Entry Level 1 Entry Location 1 Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 9 Parking Features Assigned Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 63 Garage YN No Gross Income 156028 Gross Scheduled Income 156028 Insurance Expense 7499 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 4000 Net Operating Income 103998 New Construction YN No New Taxes Expense 29924 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 52030 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 13002.3 Trash Expense 4868 Water Sewer Expense 4714 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Jack Baboudjian of Baboudjian Properties Inc. (818-244-5151)