Back to Search Nalren

$2,195,000

FOR SALE
Active

7011 Fountain

Los Angeles, CA

MLS# SR26243693

Apartment
2 days on marketNalren refreshed

Listing Agent

Robert Biggs III

Listing Agent

The ONE Luxury Properties

DRE #: 02015883

(213) 361-6978

Brokerage: The ONE Luxury Properties

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1923

Year Built

5,731 sqft

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

Fully occupied six-unit RSO multifamily at 7011 Fountain Ave in Hollywood. Three single-story buildings around a back courtyard, with six 1BD/1BA units of about 500 SF each. Current rents total $10,894/mo ($130,730/yr). Unit 1 was just leased at $1,995, and one long-term tenant pays $952, so there's room to grow as that unit turns. The prior owner documented about $196K in capital work, including foundation, main sewer line, storm drains and courtyard paving. Roofs on two buildings are under three years old. Copper plumbing, upgraded windows, water heaters 2-8 years old. Tenants pay electric, gas and trash. Coin laundry in the courtyard. Two gated off-site parking spaces, rented month to month. Buyer to verify all information, including income, expenses, zoning, square footage, permits and rent control.

Facts & Features

Interior

Laundry Features
Community Laundry
Appliances
Dryer, Washer

Exterior

Private Pool
No
Lot Features
Six To Ten Units Acre

Building

Year Built
1923
Building Area Total
3,319
Stories Total
1

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Assigned
Parking Total
0

Similar Listings

Recent sales near 7011 Fountain

Closed sales reported in 90028, nearest first, last 12 months. All recent sales in Los Angeles →