5217 Fountain Avenue, Hollywood, CA 90029

$1,325,000 Approx. USD 0 beds, 0 baths
3,440 sqft

Agent Remarks

Residential Four-Plex Plus More, and more, and more .... Income Property in the Heart of Hollywood!!! **Priced Well** So bring your offers fast as this listing will go fast. This unique property was originally a mixed used commercial property. The property is currently being used as a residential four-plex. However, this very unique property offers a lot more than just 4 units: An updated 2 bedrooms+ 1 bathroom and a 1 bedroom + 1 bathroom that is occupied by the owner. There is also an Studio that is being used as a storage by the owner. All units used by owner have the opportunity for market rents at the close of escrow. There is also another 2 bedrooms +1 bathroom and two 1 bedroom + 1 bathroom that are rented out. There additional income from the garage and possible income from Laundry room. Four units have their own balcony or private and tranquil serene yard!!! Roof was upgraded 6 years ago and electrical was upgraded 7 years ago. Copper Plumbing throughout most of the property.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# SR16197478
List price is $1,325,000
Beds: 0
Baths: 0
Built in 1921
3,440 sqft
0.12 acres
County: Los Angeles
Zoning: LAR3
Lot description: Lot-Level/Flat
MLS area: Hollywood (C20)

Last Updated: 11/1/2016

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This listing belongs to the Hollywood (C20) MLS area

The listing is zoned LAR3.
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Lat/Long: 34.095287, -118.302848.
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Broker: Courtesy of Exit Platinum Realty
Listing Agent: Fariba Maleki

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