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Sold for $860,000 · Aug 2020

SOLD

Listed at $899,000

Sold

5633 Fountain Avenue, Los Angeles, CA 90028

Los Angeles, CA

MLS# PW20013159

1,262 Sq Ft • Single Family Home3bd • 3ba
121 days on market

Listing Agent

Patricia Lindsay

Listing Agent

Beneficial RE Services Inc.

DRE #: 01209678

Brokerage: Beneficial RE Services Inc.

Property Details

3

Bedrooms

3

Bathrooms

1,262 sqft

Square Feet

1913

Year Built

5,369 sqft

Lot Size

$681

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

PRICE REDUCED!!**TAKE A LOOK at this opportunity DEVELOPERS**. Just South of Sunset at the 101 in the heart of the Hollywood Redevelopment area in the Opportunity Zone (Allowing for tax incentives). This property is zoned R3, which allows for 6 units to be built by right per the city planning department. (TOC) Tier 3. Property is in the middle of the proposed Hollywood Central Park Project. Go to: HOLLYWOODCENTRALPARK.ORG to see what's in the plans!! *Buyer should check with city to find out all building possibilities* Looking for a residence close to restaurants, shopping and transportation? Look no further! This 3 bedroom, 3 bath craftsman style home was completely renovated 4 1/2 years ago from top to bottom with Marble kitchen counter tops and stainless steel appliances. New roof, new plumbing and windows throughout. Live here while you are waiting for permits to be processed! **There is also a permitted accessory building that can be used for storage or studio**. NO RELOCATION REQUIRED. Occupant may entertain a lease back as well. Lots of opportunities and ways to make this a winning project!

Listing description from the August 2020 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
CentralAir
Heating
Central
View
Hills, PeekABoo

Sale history for 5633 Fountain Avenue

3 recorded sales

$860,000
Sold August 2020 · listed $899,000, on market January 2020, 121 days on market · MLS #PW20013159 · Source: CRMLS
Listing Agent: Patricia Lindsay · Listing Office: Beneficial RE Services Inc. · Contact: 951-848-4468 · Bought with: ISAIAH YANG · RE/MAX ADVANCED REALTY
$685,000
Sold June 2016 · listed $699,000, orig. $709,000, on market March 2016, 114 days on market · MLS #16102996 · Source: CRMLS
Listing Agent: Henry Plascencia · Listing Office: Berkshire Hathaway HomeService · Contact: 323-671-1200 · Bought with: Patricia Lindsay · Patricia Lindsay
$509,000
Sold December 2014 · listed $441,500, orig. $535,000, on market July 2014, 117 days on market · MLS #14777403 · Source: CRMLS
Listing Agent: Nancy Sanborn · Listing Office: Berkshire Hathaway HomeService · Contact: 310-777-7800 · Bought with: Brian Joy · Berkshire Hathaway HomeService

How this sale compares

5633 Fountain Avenue sold for $860,000 in August 2020, 4.3% under its $899,000 list price, after 121 days on the market. That works out to $681 per square foot on 1,262 square feet. Across 25 closed sales in 90028 over the last 12 months, the median sold price is $1,000,000 and the median is $654 per square foot, 4.0% below this sale's $681. 3-bedroom rentals in 90028 currently list at a median of $4,995 a month (11 listings).

$681
This sale, per sq ft
$654
90028 median per sq ft (12 mo)
$1,000,000
90028 median sold price (12 mo)
25
Closed sales in 90028 (12 mo)
121
Days on market
−4.3%
Sold vs. list price
QuarterClosed sales in 90028Median sold price
Q1 20264$1,107,500
Q2 202611$1,050,000
Q3 20268$944,000
Q4 20262$1,274,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90028

Recent sales near 5633 Fountain Avenue

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

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