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This Multifamily Property is no longer advertised on LoopNet.com.

5667 Fountain Ave
Los Angeles, CA 90028

9 Units in Prime Hollywood · Multifamily Property For Sale · 9 Units

Investment Highlights

  • Well Maintained and Upgraded Asset With Remaining Value-Add: Turnkey Property with Remaining Value-Add Component
  • Extreme Scarcity of Desirable Inventory for Purchase in Hollywood
  • Close Proximity to the Metro Red Line Station (0.7 Miles) and a Short Distance from Highly Desirable Shopping, Dining and Entertainment Options
  • Current Ownership is in the Process of Completing the Government Required Seismic Retrofit Work
  • Major Employers: Recent Major Corporate Leases – Netflix, Viacom, KTLA,Nielsen Media Research Located Between 0.5 – 1.0 Mile from the Subject Property

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 7,097 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 1.41/1,000 SF

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 3 - -
2+1 1 - -
2+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5545-020-009
Land Assessment
$1,788,135
Improvements Assessment
$949,781
Total Assessment
$2,737,916

zoning

Zoning Code R3
R3
  • Listing ID: 21048214

  • Date on Market: 9/24/2020

  • Last Updated:

  • Address: 5667 Fountain Ave, Los Angeles, CA 90028

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